Description

BSE lists new debt securities of Spandana Sphoorty Financial Limited worth Rs. 25 crore with 11% interest rate and maturity date of April 30, 2028.

Summary

BSE has listed new debt securities issued by Spandana Sphoorty Financial Limited on a private placement basis, effective October 27, 2025. The securities consist of 25,000 units with a face value of Rs. 1,00,000 each, carrying an 11% annual interest rate with monthly payment frequency and maturing on April 30, 2028.

Key Points

  • Scrip Code: 977245
  • Scrip ID: 11SSFL28
  • ISIN: INE572J07760
  • Quantity: 25,000 units
  • Face Value: Rs. 1,00,000 per unit
  • Total Issue Size: Rs. 250 crores
  • Interest Rate: 11% per annum (paid monthly)
  • Credit Rating: IND BBB+/Negative
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Date of Allotment: October 24, 2025
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE572J07760
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 24, 2025
  • Listing Date: October 27, 2025
  • Interest Payment: Monthly
  • Redemption Date: April 30, 2028
  • Put/Call Option: As per Key Information Document (KID)

Impact Assessment

This listing has minimal market impact as it involves privately placed debt securities of a non-banking financial company. The listing provides debt market participants with an additional investment avenue in NBFC debt paper rated BBB+ with a negative outlook. The 11% coupon rate reflects the credit profile and current market conditions for such issuers. The negative rating outlook suggests investors should monitor the issuer’s credit quality. Impact is limited to debt market participants and existing investors of Spandana Sphoorty Financial Limited.

Impact Justification

Routine listing of privately placed debt securities with limited market impact; relevant primarily for debt market participants and investors in Spandana Sphoorty Financial Limited.