Description

BSE announces listing of new debt securities (Non-Convertible Debentures) worth Rs. 12 crore issued by Kogta Financial (India) Limited on private placement basis, effective December 1, 2025.

Summary

BSE has listed new debt securities issued by Kogta Financial (India) Limited on private placement basis, effective December 1, 2025. The issuance consists of 12,000 Non-Convertible Debentures with a face value of Rs. 1,00,000 each (total issue size Rs. 12 crore), carrying a 9.5% annual interest rate and maturing on October 30, 2027. The securities are rated CARE A+/Positive and will trade exclusively in dematerialized form on the BSE Debt segment.

Key Points

  • Quantity: 12,000 debentures with market lot of 1
  • Scrip Code: 977263, Scrip ID: 95KFIL27
  • ISIN: INE192U07376 (further listing under same ISIN)
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,00,729 (premium of Rs. 729)
  • Date of Allotment: November 27, 2025
  • Credit Rating: CARE A+/Positive outlook
  • Interest Rate: 9.5% per annum (paid annually)
  • Tenor: Approximately 2 years (allotment to redemption)
  • Trading: Dematerialized form only with tick size of 1 paise
  • No put/call options available

Regulatory Changes

No regulatory changes. 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 INE192U07376
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, members should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 27, 2025
  • Listing Date: December 1, 2025 (effective immediately)
  • Interest Payment Dates: Annually on October 30 (2026 and 2027)
  • Redemption Date: October 30, 2027

Impact Assessment

Market Impact: Minimal. This is a routine private placement debt listing with limited market-wide implications.

Investor Impact: Low to medium for debt investors. The securities offer a 9.5% coupon rate with CARE A+/Positive rating, providing a moderate-risk investment option in the NBFC debt segment.

Operational Impact: Limited to debt segment participants and investors interested in Kogta Financial securities. The issue size of Rs. 12 crore is relatively small in the overall debt market context.

Liquidity Considerations: As privately placed securities, secondary market liquidity may be limited compared to publicly issued bonds.

Impact Justification

Routine debt listing announcement with limited market-wide impact, relevant primarily to debt segment participants and investors in Kogta Financial securities