Description
Mindspace Business Parks REIT has listed new debt securities worth Rs. 1,200 crores on BSE with 6.9601% interest rate, maturing on December 8, 2028.
Summary
BSE has announced the listing of new debt securities issued by Mindspace Business Parks REIT on a private placement basis, effective December 9, 2025. The securities consist of 120,000 debentures with a face value of Rs. 1,00,000 each, totaling Rs. 1,200 crores. The securities carry a credit rating of ICRA AAA/STABLE and offer a quarterly interest rate of 6.9601% p.a., maturing on December 8, 2028.
Key Points
- Scrip Code: 977350
- Scrip ID: 69601MBP28
- ISIN: INE0CCU07181
- Quantity: 120,000 debentures
- Face Value: Rs. 1,00,000 per debenture
- Issue Price: Rs. 1,00,008.9640
- Total Issue Size: Rs. 1,200 crores
- Interest Rate: 6.9601% per annum (paid quarterly)
- Credit Rating: ICRA AAA/STABLE
- Allotment Date: December 8, 2025
- Maturity Date: December 8, 2028
- Market Lot: 1 unit
- Tick Size: 1 paise
- No put/call options available
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE0CCU07181
- Members should refer to the Placement Memorandum available at BSE’s debt memorandum section for complete details
- First interest payment date: December 31, 2025
- Interest payments will be made quarterly until maturity
Important Dates
- Allotment Date: December 8, 2025
- Listing Date: December 9, 2025
- First Interest Payment: December 31, 2025
- Maturity/Redemption Date: December 8, 2028
- Interest Payment Frequency: Quarterly from December 31, 2025 to December 8, 2028
Impact Assessment
Market Impact: Minimal. This is a routine debt securities listing for a REIT on a private placement basis, targeting institutional investors. The listing does not affect equity markets or retail investors.
Investor Impact: Relevant only for institutional investors who participated in the private placement. The high face value (Rs. 1 lakh per unit) and private placement nature indicate this is designed for large institutional participants.
Credit Quality: The ICRA AAA/STABLE rating indicates highest credit quality with low credit risk, making these securities attractive for debt investors seeking stable returns.
Liquidity: Trading in demat form with a tick size of 1 paise provides adequate liquidity mechanism, though actual liquidity will depend on secondary market participation.
Contact: For clarifications, trading members can contact BSE debt department at 22728352/8597/8995/5753/8915.
Impact Justification
Routine debt securities listing notification for institutional investors with no impact on equity trading or broader market operations.