Description

GIC Housing Finance Ltd. has listed new debt securities worth Rs. 175 crore with 7.65% interest rate maturing in February 2028 on BSE Debt segment.

Summary

GIC Housing Finance Ltd. has listed new debt securities on BSE’s Debt segment effective November 6, 2025. The securities were issued on a private placement basis with a face value of Rs. 1,00,000 per unit, totaling 17,500 units (Rs. 175 crore). The debentures carry an interest rate of 7.65% per annum and mature on February 29, 2028.

Key Points

  • Scrip Code: 977277
  • Scrip ID: 765GICHF28
  • ISIN: INE289B07123
  • Quantity: 17,500 units
  • Face Value: Rs. 1,00,000 per unit
  • Total Issue Size: Rs. 175 crore
  • Issue Price: Rs. 1,00,000 (at par)
  • Date of Allotment: November 6, 2025
  • Interest Rate: 7.65% per annum (paid annually)
  • Maturity Date: February 29, 2028
  • Credit Rating: CRISIL AA+/STABLE, ICRA AA+/Stable
  • Put/Call Option: Not Applicable
  • Market Lot: 1 unit
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE289B07123
  • Members must refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for additional details
  • For clarifications, trading members should contact BSE’s debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 6, 2025
  • Listing Date: November 6, 2025
  • Interest Payment Frequency: Annually
  • Maturity/Redemption Date: February 29, 2028

Impact Assessment

This is a routine debt securities listing with minimal market impact. The listing provides GIC Housing Finance Ltd. access to debt capital markets for funding requirements. The high credit ratings (CRISIL AA+/STABLE, ICRA AA+/Stable) indicate strong creditworthiness. The securities are available only for institutional and high-net-worth investors given the Rs. 1 lakh face value per unit. No impact on equity markets or general trading operations is expected.

Impact Justification

Routine debt securities listing announcement with no material impact on equity markets or broader trading operations