Description
BSE lists new secured redeemable non-convertible debentures of Keertana Finserv Limited issued on private placement basis with 11.40% interest rate.
Summary
BSE has listed new debt securities of Keertana Finserv Limited on its Debt segment effective November 10, 2025. The securities were issued on private placement basis with a quantity of 50,000 units, face value of Rs. 10,000 each, and carry a credit rating of IND BBB+/Stable.
Key Points
- Scrip Code: 977241
- Scrip ID: 1140KRFL27
- Detail Name: KRFL-11.40%-24-10-27-PVT
- ISIN: INE0NES07287 (Further listing under same ISIN)
- Quantity: 50,000 units
- Market Lot: 1
- Face Value: Rs. 10,000.00
- Issue Price: Rs. 10,044.00
- Interest Rate: 11.40% per annum (monthly payment)
- Credit Rating: IND BBB+/Stable
- Trading mode: Dematerialized form only
- Tick size: 1 paise
Regulatory Changes
No regulatory changes. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE0NES07287
- Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
- Clarifications can be sought from BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: October 24, 2025
- Interest Payment Dates: Monthly from November 24, 2025 to October 24, 2027
- Date of Redemption: October 24, 2027
- Listing Effective Date: November 10, 2025
Impact Assessment
This is a routine debt security listing with minimal market impact. The listing adds liquidity to Keertana Finserv Limited’s debt instruments for existing investors. The BBB+ rating indicates moderate credit quality. No put/call options are available on these securities. Impact is limited to existing debenture holders and potential debt market investors interested in this specific issuer.
Impact Justification
Routine debt security listing notification for private placement debentures of a single company with limited market-wide impact