Description

BSE announces listing of 2,700 non-convertible debentures of Varthana Finance Private Limited with 11.35% interest rate, maturing on September 27, 2027.

Summary

BSE has listed new debt securities of Varthana Finance Private Limited issued on a private placement basis, effective November 4, 2025. The listing comprises 2,700 non-convertible debentures with a face value of Rs. 1,00,000 each, carrying an interest rate of 11.35% per annum with quarterly payments. The securities are rated CRISIL BBB+/Stable and will mature on September 27, 2027.

Key Points

  • Total quantity: 2,700 debentures
  • Scrip Code: 976568, Scrip ID: 1135VFPL27
  • ISIN: INE125T07337 (further listings under same ISIN)
  • Face/Paid-up/Issue Value: Rs. 1,00,000 per debenture
  • Date of Allotment: October 31, 2025
  • Interest Rate: 11.35% per annum (paid quarterly)
  • Credit Rating: CRISIL BBB+/Stable
  • Market Lot: 1
  • Tick Size: 1 paise
  • No put/call options available

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note that these securities will be traded only in dematerialized form under ISIN INE125T07337
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 31, 2025
  • Listing Date: November 4, 2025
  • Interest Payment: Quarterly basis
  • Redemption Date: September 27, 2027

Impact Assessment

This is a routine listing of privately placed debt securities with limited market-wide impact. The listing expands Varthana Finance Private Limited’s presence in the debt market segment. The CRISIL BBB+/Stable rating indicates adequate credit quality. The securities are relevant primarily to institutional investors and debt market participants seeking exposure to NBFC debt instruments with moderate credit risk and quarterly interest income. The private placement nature limits retail participation.

Impact Justification

Routine debt securities listing on private placement basis with limited market-wide impact, relevant primarily to debt market participants and institutional investors