Description

Indian Railway Finance Corporation's zero-coupon debt securities with ISIN INE053F08536 listed on BSE Debt segment for trading in dematerialized form.

Summary

BSE has listed new zero-coupon debt securities issued by Indian Railway Finance Corporation on private placement basis, effective December 2, 2025. The securities (Scrip Code: 977334, ISIN: INE053F08536) will trade exclusively in dematerialized form on the BSE Debt segment with a quantity of 298,165 units and market lot of 1.

Key Points

  • Scrip Code: 977334, Scrip ID: 0IRFC35
  • ISIN: INE053F08536
  • Security Name: 0IRFC-ZC-1-12-35-PVT
  • Quantity: 298,165 units
  • Market Lot: 1 unit
  • Face Value: Rs. 100,000.00
  • Paid-up Value/Issue Price: Rs. 51,780.00
  • Interest Rate: 0% p.a. (zero-coupon bond)
  • Credit Rating: CARE AAA-/STABLE, CRISIL AAA-/STABLE, ICRA AAA-/STABLE
  • Date of Allotment: December 1, 2025
  • Date of Redemption: December 1, 2035
  • No put/call options available
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities must be traded under the specified ISIN INE053F08536
  • Tick size of 1 paise must be observed for all trades
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details

Important Dates

  • Listing Date: December 2, 2025
  • Date of Allotment: December 1, 2025
  • Redemption Date: December 1, 2035

Impact Assessment

Minimal market impact as this is a routine private placement debt securities listing. The zero-coupon structure with 10-year maturity provides institutional investors with a long-term investment option backed by AAA ratings from three major rating agencies. Trading will be restricted to debt segment participants with dematerialized holdings only. For clarifications, trading members may contact BSE debt department at specified phone numbers (22728352/8597/8995/5753/8915).

Impact Justification

Routine debt securities listing notification for private placement bonds, affecting only debt market participants