Description

Mindspace Business Parks REIT's debt securities worth ₹700 crores listed on BSE Debt segment with 7.1485% p.a. interest rate and maturity date of November 15, 2030.

Summary

Mindspace Business Parks REIT has listed new debt securities on BSE’s Debt segment effective November 18, 2025. The securities were issued on private placement basis with a total quantity of 70,000 units at face value of ₹1,00,000 each (total value ₹700 crores). The bonds carry a coupon rate of 7.1485% p.a. with quarterly interest payments and mature on November 15, 2030. The securities have received AAA ratings from both CRISIL and ICRA.

Key Points

  • Scrip Code: 977297, Scrip ID: 71485MBR30, ISIN: INE0CCU07173
  • Quantity: 70,000 units with market lot of 1
  • Face Value: ₹1,00,000 per unit
  • Issue Price: ₹1,00,081.2860 (premium of ₹81.29 per unit)
  • Date of Allotment: November 17, 2025
  • Interest Rate: 7.1485% per annum (payable quarterly)
  • Credit Rating: CRISIL AAA/Stable and ICRA AAA/Stable
  • Securities will trade only in dematerialized form
  • Tick size: 1 paise
  • No put/call options available

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities 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 complete details
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 17, 2025
  • Listing Date: November 18, 2025
  • First Interest Payment: December 31, 2025
  • Interest Payment Frequency: Quarterly (31st of March, June, September, December)
  • Maturity/Redemption Date: November 15, 2030

Impact Assessment

This listing has minimal market impact as it pertains to institutional debt securities issued via private placement rather than public equity offerings. The AAA credit ratings from both CRISIL and ICRA indicate high creditworthiness. The 7.1485% coupon rate reflects prevailing market conditions for AAA-rated REIT debt. Trading will be limited to institutional participants in the debt segment. No impact on equity markets or retail investors.

Impact Justification

Routine debt security listing on private placement basis. Limited market impact as it's institutional debt, not equity. Standard administrative notification for debt segment trading.