Description
BSE lists new debt securities (ISIN: INE04AP07024) of Sadbhav Gadag Highway Private Limited on private placement basis with 20% p.a. interest rate, maturing on October 29, 2028.
Summary
BSE has listed and admitted new debt securities of SADBHAV GADAG HIGHWAY PRIVATE LIMITED for trading on the BSE Debt segment effective December 3, 2025. The securities were issued on a private placement basis with a face value of Rs. 100,000, carrying a 20% p.a. interest rate and maturing on October 29, 2028. The securities are rated ACUITE BB+ and will trade only in dematerialized form.
Key Points
- Scrip Code: 977339, Scrip ID: 20SGHPL28
- ISIN Number: INE04AP07024
- Quantity: 1,000 securities with market lot size of 1
- Face Value/Paid-up Value/Issue Price: Rs. 100,000 per security
- Date of Allotment: December 1, 2025
- Credit Rating: ACUITE BB+
- Interest Rate: 20% per annum (payable half-yearly)
- Securities will trade only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must note that the securities will be traded only in dematerialized form under ISIN INE04AP07024
- Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
- For clarifications, trading members may contact the debt department at 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: December 1, 2025
- Listing Date: December 3, 2025
- Interest Payment Dates: Half-yearly from March 31, 2026 to October 29, 2028
- Date of Redemption: October 29, 2028
Impact Assessment
This listing has minimal market-wide impact as it pertains to a single private placement debt issue by Sadbhav Gadag Highway Private Limited. The securities are relevant primarily to institutional investors and debt market participants interested in infrastructure financing instruments with BB+ credit rating. The relatively high interest rate of 20% p.a. reflects the sub-investment grade credit rating. There are no put/call options associated with these securities.
Impact Justification
Routine debt securities listing announcement for a single private placement issue by Sadbhav Gadag Highway Private Limited, affecting only debt market participants and investors interested in this specific security.