Description

BSE lists new debt securities of Mangal Credit and Fincorp Limited with ISIN INE545L07036, bearing 12.90% p.a. interest, maturing on October 3, 2027.

Summary

BSE has listed new debt securities of Mangal Credit and Fincorp Limited on its Debt segment effective November 27, 2025. The securities were issued on a private placement basis with a quantity of 1,000 units, face value of Rs. 100,000 per unit, and carry an interest rate of 12.90% per annum with monthly interest payments. The securities mature on October 3, 2027, and are rated CRISIL BBB/Stable.

Key Points

  • Scrip Code: 976597, Scrip ID: 1290MCFL27
  • ISIN: INE545L07036 (Further listing under same ISIN)
  • Quantity: 1,000 units with market lot of 1
  • Face Value: Rs. 100,000 per unit
  • Issue Price: Rs. 99,752.60 per unit
  • Date of Allotment: November 26, 2025
  • Interest Rate: 12.90% per annum (monthly payments)
  • Interest Payment Period: January 3, 2026 to October 3, 2027
  • Redemption Date: October 3, 2027
  • Credit Rating: CRISIL BBB/Stable
  • No Put/Call options available
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE545L07036
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • Queries may be directed to BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 26, 2025
  • Listing Date: November 27, 2025
  • First Interest Payment: January 3, 2026
  • Interest Payment Frequency: Monthly from January 3, 2026 to October 3, 2027
  • Maturity/Redemption Date: October 3, 2027

Impact Assessment

Market Impact: Low - This is a routine debt securities listing affecting only participants in the BSE Debt segment and institutional investors in privately placed securities.

Operational Impact: Minimal - Standard listing process for debt instruments. Trading members can trade these securities on the debt platform following normal procedures with 1 paise tick size.

Investor Impact: Low - Relevant only to investors who participated in the private placement and debt market participants. The CRISIL BBB/Stable rating indicates moderate credit quality with adequate protection parameters.

Impact Justification

Routine listing of privately placed debt securities affecting only debt segment participants and bondholders of Mangal Credit and Fincorp Limited