Description

BSE announces the listing and admission to dealings of new zero-coupon debt securities issued by Kolte-Patil Developers Ltd on private placement basis, effective December 9, 2025.

Summary

BSE has listed new debt securities issued by Kolte-Patil Developers Ltd on private placement basis, effective December 9, 2025. The securities are zero-coupon bonds with a 10-year tenure, maturing on October 30, 2035. A total quantity of 10,994 securities with face value of Rs. 1,00,000 each have been listed under ISIN INE094I07098, carrying a CARE AA- credit rating.

Key Points

  • Scrip Code: 977351
  • Scrip ID: 0KPDL35
  • Detail Name: KPDL-ZC-30-10-35-PVT
  • ISIN: INE094I07098
  • Quantity: 10,994 securities
  • Market Lot: 1
  • Face Value: Rs. 1,00,000 per security
  • Issue Price: Rs. 1,00,000 per security
  • Credit Rating: CARE AA-
  • Interest Rate: 0% p.a. (zero-coupon)
  • Date of Allotment: December 5, 2025
  • Redemption Date: October 30, 2035
  • Put/Call Option: Not applicable
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN (INE094I07098)
  • Securities will be traded on the BSE Debt segment
  • Trading members requiring clarification may contact the debt department at 22728352/8597/8995/5753/8915
  • Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • Notice Date: December 9, 2025
  • Listing Effective Date: December 9, 2025
  • Date of Allotment: December 5, 2025
  • Redemption Date: October 30, 2035

Impact Assessment

This listing has minimal market-wide impact as it pertains to privately placed debt securities of a single company. The zero-coupon structure indicates these are discount bonds that will be redeemed at face value upon maturity in 2035. The CARE AA- rating indicates high credit quality with adequate safety for timely servicing of financial obligations. Impact is limited to:

  • Debt segment trading members who may facilitate secondary market trading
  • Existing and potential investors in Kolte-Patil Developers debt instruments
  • The company’s ability to raise debt capital through private placements

Total issue size is approximately Rs. 1,099.4 crores (10,994 × Rs. 1,00,000), representing a significant fundraising for the company but with limited broader market implications given the private placement nature.

Impact Justification

Routine listing announcement for private placement debt securities with limited market-wide impact, relevant primarily to debt segment participants and investors in Kolte-Patil Developers