Description
BSE announces the listing of new debt securities (debentures) worth Rs. 1200 crores issued by 360 ONE Prime Limited on private placement basis, effective November 26, 2025.
Summary
BSE has listed new debt securities issued by 360 ONE Prime Limited (formerly IIFL Wealth Prime Limited) on private placement basis. The securities comprise 12,000 debentures with a face value of Rs. 1,00,000 each, totaling Rs. 1,200 crores. The debentures carry an interest rate of 8.75% per annum and will mature on October 7, 2027. Trading commences on November 26, 2025, on the BSE Debt segment.
Key Points
- Issuer: 360 ONE Prime Limited
- Security Type: Privately placed debentures
- Quantity: 12,000 debentures
- Face Value: Rs. 1,00,000 per debenture
- Issue Price: Rs. 1,01,059.38 per debenture (at premium)
- Total Issue Size: Approximately Rs. 1,212.71 crores
- Scrip Code: 977193
- Scrip ID: 875360OP27
- ISIN: INE248U07GC5 (further listings under same ISIN)
- Credit Rating: ICRA AA-
- Coupon Rate: 8.75% per annum
- Interest Payment: Annually on October 7 (2026 to 2027)
- Allotment Date: November 24, 2025
- Listing Date: November 26, 2025
- Maturity Date: October 7, 2027
- Tenure: Approximately 2 years
- Market Lot: 1 debenture
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
- Put/Call Option: Not available
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for debt securities issued on private placement basis.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE248U07GC5
- The tick size for trading is 1 paise
- Trading members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915
- Detailed information available in the Placement Memorandum at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
Important Dates
- Allotment Date: November 24, 2025
- Listing Date: November 26, 2025
- First Interest Payment: October 7, 2026
- Second Interest Payment: October 7, 2027
- Maturity/Redemption Date: October 7, 2027
Impact Assessment
Market Impact: Minimal. This is a routine debt security listing on private placement basis, primarily affecting institutional and high-net-worth investors. The securities are not available to retail investors and will trade on the debt segment.
Operational Impact: Neutral. Trading members can facilitate trading in these debentures through the BSE Debt platform. The securities offer a competitive 8.75% annual return with ICRA AA- rating, indicating high credit quality.
Investor Impact: Limited to institutional investors and qualified buyers who participated in the private placement. The premium pricing (Rs. 1,01,059.38 vs Rs. 1,00,000 face value) indicates strong demand. The 2-year tenure provides a medium-term fixed income investment option with relatively low credit risk.
Impact Justification
Routine debt security listing for institutional investors with no impact on equity trading or retail investors