Description
BSE announces listing and admission to dealings of 7.1485% debt securities worth Rs. 700 crores issued by Mindspace Business Parks REIT on private placement basis, maturing on November 15, 2030.
Summary
BSE has listed new debt securities issued by Mindspace Business Parks REIT on private placement basis, effective November 18, 2025. The securities carry a coupon rate of 7.1485% p.a. with quarterly interest payments and mature on November 15, 2030. The issue comprises 70,000 bonds with a face value of Rs. 1,00,000 each, totaling Rs. 700 crores. The securities are rated AAA by both CRISIL and ICRA with stable outlook.
Key Points
- Issuer: Mindspace Business Parks REIT
- Scrip Code: 977297
- Scrip ID: 71485MBR30
- ISIN: INE0CCU07173
- Quantity: 70,000 bonds
- Face Value: Rs. 1,00,000 per bond
- Issue Price: Rs. 1,00,081.2860
- Total Issue Size: Rs. 700 crores
- Coupon Rate: 7.1485% per annum
- Interest Payment: Quarterly from December 31, 2025
- Maturity Date: November 15, 2030
- Date of Allotment: November 17, 2025
- Credit Rating: CRISIL AAA/Stable, ICRA AAA/Stable
- Market Lot: 1 bond
- Tick Size: 1 paise
- Put/Call Option: Not applicable
- Trading Mode: Dematerialized form only
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note that the securities will be traded only in dematerialized form under ISIN INE0CCU07173
- 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: November 17, 2025
- Listing Date: November 18, 2025
- First Interest Payment: December 31, 2025
- Interest Payment Frequency: Quarterly (31st December, 31st March, 30th June, 30th September)
- Redemption Date: November 15, 2030
Impact Assessment
This is a routine debt security listing notification with minimal market impact. The listing of these AAA-rated REIT bonds provides institutional and qualified investors with an investment-grade fixed-income instrument backed by commercial real estate assets. The securities offer a competitive coupon rate of 7.1485% with quarterly interest payments. The high credit ratings from both CRISIL and ICRA indicate strong creditworthiness of Mindspace Business Parks REIT. No immediate action is required from trading members beyond noting the listing details for their records.
Impact Justification
Routine debt security listing notification with no regulatory changes or compliance actions required from market participants