Description

BSE announces listing of 2,600 new debt securities (NCDs) of SRG Housing Finance Limited worth Rs. 26 crore, issued on private placement basis with 11.52% p.a. interest rate and maturity date of October 24, 2031.

Summary

BSE has listed and admitted to dealings new debt securities of SRG Housing Finance Limited on its Debt segment with effect from October 27, 2025. The securities were issued on private placement basis and comprise 2,600 non-convertible debentures with a face value of Rs. 1,00,000 each, totaling Rs. 26 crore. The instruments carry an interest rate of 11.52% per annum payable monthly and mature on October 24, 2031.

Key Points

  • Quantity: 2,600 debentures with market lot of 1
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,00,000 (at par)
  • Scrip Code: 977242
  • Scrip ID: 1152SRHF31
  • ISIN: INE559N07066
  • Credit Rating: Acuite BBB+/Positive
  • Interest Rate: 11.52% per annum
  • Interest Payment: Monthly from November 24, 2025 to October 24, 2031
  • Date of Allotment: October 24, 2025
  • Trading Mode: Dematerialised form only
  • Tick Size: 1 paise
  • Put/Call Option: Not Available

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE559N07066
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed terms
  • For clarifications, trading members may contact BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 24, 2025
  • Listing Date: October 27, 2025
  • First Interest Payment Date: November 24, 2025
  • Interest Payment Frequency: Monthly (24th of each month)
  • Maturity/Redemption Date: October 24, 2031

Impact Assessment

Market Impact: Minimal. This is a routine private placement debt listing with limited secondary market participation expected given the high face value (Rs. 1 lakh per unit) and institutional investor focus.

Issuer Impact: Positive for SRG Housing Finance Limited as it provides debt funding of Rs. 26 crore for business operations at 11.52% p.a. cost.

Investor Impact: Limited to institutional/HNI investors who participated in the private placement. The BBB+ rating indicates moderate credit quality with positive outlook.

Operational Impact: Standard debt segment trading procedures apply with no special conditions or restrictions.

Impact Justification

Routine debt securities listing notification for private placement NCDs of a housing finance company with limited market-wide impact.