Description

InCred Financial Services Limited has listed new debt securities worth Rs. 100 crore on BSE's Debt segment, bearing 8.80% interest rate with maturity on December 6, 2027.

Summary

BSE has announced the listing of new debt securities issued by InCred Financial Services Limited on a private placement basis, effective December 10, 2025. The securities comprise 10,000 units with a face value of Rs. 1,00,000 each, totaling Rs. 100 crore. The debentures carry an interest rate of 8.80% per annum with quarterly interest payments and will mature on December 6, 2027. The securities are rated CRISIL AA-/Stable and will trade in dematerialized form only.

Key Points

  • Scrip Code: 977353, Scrip ID: 880IFSL27, ISIN: INE321N07590
  • Total quantity: 10,000 units with market lot of 1
  • Face value and issue price: Rs. 1,00,000 per unit
  • Allotment date: December 8, 2025
  • Interest rate: 8.80% per annum (quarterly payments)
  • Credit rating: CRISIL AA-/Stable
  • Maturity date: December 6, 2027
  • Trading only in dematerialized form
  • Tick size: 1 paise
  • No put/call option available

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 ISIN INE321N07590
  • Members should refer to the Placement Memorandum available on BSE’s website for complete details
  • For clarifications, trading members may contact BSE’s debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Allotment Date: December 8, 2025
  • Listing Date: December 10, 2025
  • First Interest Payment: March 9, 2026
  • Interest Payment Period: Quarterly from March 9, 2026 to December 6, 2027
  • Redemption Date: December 6, 2027

Impact Assessment

This listing has minimal market-wide impact as it pertains to privately placed debt securities of InCred Financial Services Limited. The impact is limited to:

  • Debt market participants and institutional investors who may trade these securities
  • Existing and potential investors in InCred Financial Services’ debt instruments
  • The securities provide an investment option rated CRISIL AA-/Stable with 8.80% annual return
  • No impact on equity markets or broader market operations
  • Routine addition to BSE’s debt segment trading platform

Impact Justification

Routine debt securities listing on private placement basis with limited market-wide impact, relevant primarily to debt market participants and investors in InCred Financial Services.