Description

INTERISE TRUST lists two series of debt securities on BSE totaling 207,482 units with quarterly interest payments and 2045 maturity dates.

Summary

INTERISE TRUST has listed two series of debt securities on the BSE Debt segment effective October 17, 2025. The securities were issued on a private placement basis with an allotment date of October 16, 2025. Both series carry AAA credit ratings from ICRA and IND, with face values of Rs. 100,000 per unit and quarterly interest payments extending to March 31, 2045.

Key Points

  • Two debt security series listed totaling 207,482 units (105,000 + 102,482 units)
  • Series 1 (Scrip Code 977222): 6.96% p.a. interest rate, 105,000 units, ISIN INE790Z07061
  • Series 2 (Scrip Code 977223): 7.30% p.a. interest rate, 102,482 units, ISIN INE790Z07079
  • Both series rated AAA by ICRA and IND (Stable outlook)
  • Face value and issue price: Rs. 100,000 per unit for both series
  • Market lot size: 1 unit
  • Tick size: 1 paise
  • Trading exclusively in dematerialized form
  • No put/call options available

Regulatory Changes

No regulatory changes. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • Clarifications can be obtained from the debt department at contact numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 16, 2025
  • Listing Effective Date: October 17, 2025
  • First Interest Payment: January 31, 2026
  • Interest Payment Frequency: Quarterly from January 31, 2026 to March 31, 2045
  • Date of Redemption: March 31, 2045

Impact Assessment

This listing has minimal market impact as it involves privately placed debt securities in the BSE Debt segment. The securities are institutional-grade instruments with high face values (Rs. 1 lakh per unit) and AAA credit ratings, targeting institutional investors. The listing expands the debt market offerings but does not affect equity trading or broader market operations. Trading members dealing in debt securities should note the new scrip codes and ISIN numbers for operational purposes.

Impact Justification

Routine listing of privately placed debt securities with no immediate market-wide impact; affects only debt segment participants