Description

HDB Financial Services Limited has listed new debt securities on BSE's Debt segment on private placement basis with three ISINs across different tenures and interest rates.

Summary

HDB Financial Services Limited has listed new debt securities totaling 35,300 units across three series on BSE’s Debt segment effective November 28, 2025. All securities were issued on private placement basis with allotment date of November 27, 2025. The securities carry CARE AAA/Stable and CRISIL AAA/Stable ratings and will trade in dematerialized form only.

Key Points

  • Zero Coupon Bond (ISIN: INE756I07FI1): 6,300 units, maturity October 4, 2028, issue price Rs. 101,924.10
  • 7.95% Bond (ISIN: INE756I08306): 5,000 units, maturity June 4, 2035, annual interest payment starting June 23, 2026
  • 7.9611% Bond (ISIN: INE756I07FB6): 24,000 units, maturity January 5, 2028, annual interest payment starting January 5, 2025
  • Face value of Rs. 1,00,000 per unit across all series
  • Market lot size is 1 unit for all securities
  • All securities rated AAA/Stable by both CARE and CRISIL
  • Trading tick size is 1 paise

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the respective ISIN numbers
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
  • Clarifications can be obtained from BSE debt department at phone numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 27, 2025
  • Listing Date: November 28, 2025
  • Interest Payment Dates:
    • Series 1 (Zero Coupon): As per Key Information Document (KID)
    • Series 2 (7.95%): Annually from June 23, 2026 to June 4, 2035
    • Series 3 (7.9611%): Annually from January 5, 2025 to January 5, 2028
  • Redemption Dates:
    • Series 1: October 4, 2028
    • Series 2: June 4, 2035
    • Series 3: January 5, 2028

Impact Assessment

This is a routine debt listing with minimal market impact. The securities are privately placed and intended for institutional investors. With no put/call options and AAA credit ratings, these represent standard fixed-income instruments. The listing expands HDB Financial Services’ debt funding base but has no direct impact on equity markets or retail investor activity. Trading members in the debt segment can now facilitate secondary market transactions for these securities.

Impact Justification

Routine debt listing announcement for institutional investors with no impact on equity markets or retail trading