Description

BSE announces listing of 90,000 debt securities (INE0NES07246) of Keertana Finserv Limited with 11.20% interest rate, maturing on April 3, 2027.

Summary

BSE has listed new debt securities of Keertana Finserv Limited on its Debt segment effective November 13, 2025. The securities were issued on a private placement basis with a total quantity of 90,000 units, carrying an interest rate of 11.20% per annum and maturing on April 3, 2027.

Key Points

  • Scrip Code: 976943
  • Scrip ID: 1120KFPL27
  • ISIN: INE0NES07246 (Further listings under same ISIN)
  • Quantity: 90,000 units
  • Face Value: Rs. 10,000.00
  • Issue Price: Rs. 10,340.60
  • Credit Rating: IND BBB+/Stable
  • Interest Rate: 11.20% per annum (quarterly payments)
  • Market Lot: 1
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07246
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members may contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 12, 2025
  • Listing Date: November 13, 2025
  • First Interest Payment: December 3, 2025
  • Interest Payment Frequency: Quarterly from December 3, 2025 to April 3, 2027
  • Redemption Date: April 3, 2027

Impact Assessment

Market Impact: Minimal. This is a routine debt security listing on private placement basis with no put/call options. The securities are rated BBB+ with stable outlook, indicating moderate credit quality. The listing adds to the debt market inventory but has no direct impact on equity markets or broader trading operations. Relevant only to debt market participants and institutional investors interested in fixed-income instruments with 11.20% yield.

Impact Justification

Routine debt security listing notification for private placement with no broader market impact