Description

BSE announces listing of 10.25% debt securities worth Rs. 50 crore issued by Nirmal Bang Securities Private Limited on private placement basis, with quarterly interest payments and maturity on June 9, 2027.

Summary

BSE has listed new debt securities issued by NIRMAL BANG SECURITIES PRIVATE LIMITED on private placement basis, effective December 10, 2025. The issue comprises 5,000 debentures with face value of Rs. 1,00,000 each, carrying a coupon rate of 10.25% per annum with quarterly interest payments. The securities are rated CRISIL A/STABLE and will mature on June 9, 2027.

Key Points

  • Issuer: NIRMAL BANG SECURITIES PRIVATE LIMITED
  • Security Type: Non-Convertible Debentures (Private Placement)
  • Quantity: 5,000 debentures
  • Face Value: Rs. 1,00,000 per debenture
  • Total Issue Size: Rs. 50 crore
  • Issue Price: Rs. 1,00,000 (at par)
  • Interest Rate: 10.25% per annum
  • Interest Payment: Quarterly (starting March 9, 2026)
  • Credit Rating: CRISIL A/STABLE
  • ISIN: INE681R08141
  • Scrip Code: 977356
  • Scrip ID: 1025NBS27A
  • Market Lot: 1 debenture
  • Tick Size: 1 paise
  • Trading Mode: Dematerialised form only

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE681R08141
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed terms
  • For clarifications, trading members may contact BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 9, 2025
  • Listing Date: December 10, 2025
  • First Interest Payment: March 9, 2026
  • Interest Payment Dates: Quarterly from March 9, 2026 to June 9, 2027
  • Redemption Date: June 9, 2027

Impact Assessment

Market Impact: Minimal. This is a routine private placement listing in the debt segment with limited trading activity expected due to institutional nature of investors.

Investor Impact: Relevant only to institutional investors and debt segment participants. The securities offer 10.25% returns with CRISIL A/STABLE rating, indicating adequate safety with moderate credit risk.

Operational Impact: Trading members dealing in debt securities need to update their systems with new scrip details. The securities will be available for trading on BSE Debt segment from December 10, 2025.

Impact Justification

Routine listing of private placement debt securities with limited market impact, relevant primarily to debt segment participants and institutional investors