Description

HDB Financial Services Limited has listed new debt securities worth Rs. 35.3 crores across three series with tenures ranging from 2028 to 2035, rated AAA by CARE and CRISIL.

Summary

BSE has listed three new series of debt securities issued by HDB Financial Services Limited on private placement basis, effective November 28, 2025. The securities comprise zero-coupon and fixed-rate debentures totaling 35,300 units with face value of Rs. 1,00,000 each, maturing between 2028 and 2035. All securities carry AAA credit ratings from both CARE and CRISIL.

Key Points

  • Total of 35,300 debt securities listed across three series
  • All securities allotted on November 27, 2025
  • Face value of Rs. 1,00,000 per security for all series
  • Credit ratings: CARE AAA/Stable and CRISIL AAA/Stable
  • Trading permitted only in dematerialized form
  • Tick size set at 1 paise
  • Market lot of 1 unit for all series

Security Details

Series 1: Zero Coupon Debentures (Scrip Code: 977071)

  • Quantity: 6,300 units
  • ISIN: INE756I07FI1 (Further listing under same ISIN)
  • Issue Price: Rs. 1,01,924.10
  • Interest: As per Key Information Document
  • Maturity: October 4, 2028
  • Put/Call Option: Not Applicable

Series 2: 7.95% Fixed Rate Debentures (Scrip Code: 976817)

  • Quantity: 5,000 units
  • ISIN: INE756I08306 (Further listing under same ISIN)
  • Issue Price: Rs. 1,00,555.00
  • Interest Rate: 7.95% p.a.
  • Interest Payment: Annually from June 23, 2026 to June 4, 2035
  • Maturity: June 4, 2035
  • Put/Call Option: Not Applicable

Series 3: 7.9611% Fixed Rate Debentures (Scrip Code: 976100)

  • Quantity: 24,000 units
  • ISIN: INE756I07FB6 (Further listing under same ISIN)
  • Issue Price: Rs. 1,01,605.60
  • Interest Rate: 7.9611% p.a.
  • Interest Payment: Annually from January 5, 2025 to January 5, 2028
  • Maturity: January 5, 2028
  • Put/Call Option: Not Applicable

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 the specified ISIN numbers
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 27, 2025
  • Listing Date: November 28, 2025
  • First Interest Payment (Series 3): January 5, 2025 (upcoming)
  • First Interest Payment (Series 2): June 23, 2026
  • Redemption Dates:
    • Series 3: January 5, 2028
    • Series 1: October 4, 2028
    • Series 2: June 4, 2035

Impact Assessment

This is a routine debt security listing with minimal market impact. The securities are issued on private placement basis and will trade on the BSE Debt segment. The AAA credit ratings from both CARE and CRISIL indicate strong creditworthiness of HDB Financial Services Limited. The listing provides institutional investors with additional fixed-income investment options across different maturity profiles (3 to 10 years). No impact on equity markets or general trading operations is expected.

Impact Justification

Routine debt security listing on private placement basis with no immediate impact on equity markets or trading operations