Description

BSE announces listing of 2,500 new debt securities issued by InCred Financial Services Limited on private placement basis, effective October 20, 2025.

Summary

BSE has listed and admitted new debt securities issued by InCred Financial Services Limited on private placement basis for trading on the BSE Debt segment effective October 20, 2025. The securities are gold futures-linked debt instruments with a face value of Rs. 100,000 per unit, rated CRISIL PP-MLD AA-/Stable, and maturing on October 13, 2028.

Key Points

  • Quantity: 2,500 debt securities
  • Scrip Code: 977230
  • Scrip ID: IFSL151025
  • ISIN: INE321N07582
  • Face Value: Rs. 100,000 per unit
  • Credit Rating: CRISIL PP-MLD AA-/Stable
  • Issue Type: Private placement
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE321N07582
  • Members should refer to the Placement Memorandum available at BSE’s debt memorandum portal for complete details
  • For clarifications, trading members may contact the debt department at specified phone numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 15, 2025
  • Listing Date: October 20, 2025
  • Date of Redemption: October 13, 2028
  • Interest Payment Dates: Not Applicable (NA)
  • Put/Call Option: None

Impact Assessment

This listing has minimal market-wide impact as it pertains to privately placed debt securities on the debt segment. The impact is limited to:

  • Debt Market Participants: New trading opportunity in AA- rated debt instruments
  • InCred Financial Services: Enhanced debt capital availability through private placement
  • Investors: Access to gold futures-linked debt instruments with 3-year maturity
  • Market Liquidity: Marginal addition to debt segment trading volumes

The securities carry no interest payment schedule and are backed by gold futures, representing a structured debt product for institutional investors.

Impact Justification

Routine debt security listing notification for private placement with limited market-wide impact, relevant primarily to debt segment participants and InCred Financial Services stakeholders