Description

BSE announces listing of 12% coupon rate debt securities worth Rs. 75 crore issued by Valencia and Mishal Ventures Private Limited on private placement basis, effective October 28, 2025.

Summary

BSE has listed new debt securities issued by Valencia and Mishal Ventures Private Limited on private placement basis, effective October 28, 2025. The securities carry a 12% per annum interest rate with quarterly interest payments and mature on April 30, 2029. The issue consists of 7,500 securities with a face value of Rs. 1,00,000 each, totaling Rs. 75 crore. The securities are rated ACUITE BB-/STABLE and will trade only in dematerialized form.

Key Points

  • Issue Size: 7,500 securities with face value of Rs. 1,00,000 each (Total: Rs. 75 crore)
  • Scrip Code: 977247, Scrip ID: 12VMVPL29, ISIN: INE02HF07024
  • Interest Rate: 12% per annum, paid quarterly
  • Allotment Date: October 24, 2025
  • Maturity Date: April 30, 2029
  • Credit Rating: ACUITE BB-/STABLE
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading: Only in dematerialized form
  • No put/call option available

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE02HF07024
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • Trading members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 24, 2025
  • Listing Date: October 28, 2025
  • First Interest Payment: January 31, 2026
  • Interest Payment Frequency: Quarterly (31/01/2026 to 30/04/2029)
  • Redemption Date: April 30, 2029

Impact Assessment

This is a routine debt security listing with minimal market-wide impact. The securities are issued on private placement basis by a private limited company, targeting institutional or high-net-worth investors given the high face value of Rs. 1 lakh per unit. The BB- credit rating indicates below investment grade status with stable outlook. The 12% coupon rate reflects the risk profile of the issuer. Impact is limited to debt market participants and specific investors interested in higher-yielding, sub-investment grade corporate debt.

Impact Justification

Routine debt security listing announcement for private placement by a private limited company with limited market-wide impact