Description

BSE lists 5,100 new debt securities issued by Keertana Finserv Limited on private placement basis with 11.20% interest rate, maturing on December 11, 2026.

Summary

BSE has listed and admitted new debt securities of Keertana Finserv Limited to trading on the BSE Debt segment effective December 10, 2025. The securities were issued on a private placement basis and comprise 5,100 debentures with a face value of Rs. 1,00,000 each, carrying an interest rate of 11.20% per annum with monthly interest payments.

Key Points

  • 5,100 new debt securities of Keertana Finserv Limited listed on BSE Debt segment
  • Scrip Code: 976776, Scrip ID: 112KFL26
  • ISIN: INE0NES07188 (Further listings under same ISIN)
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 99,939 per debenture
  • Interest Rate: 11.20% per annum, payable monthly
  • Credit Rating: IND BBB+/Stable
  • Market Lot: 1 unit
  • Securities will trade only in dematerialized form
  • Tick size: 1 paise
  • No put/call options available

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07188
  • Trading members should refer to the Placement Memorandum available at BSE’s debt memorandum portal for detailed information
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 9, 2025
  • Listing Date: December 10, 2025
  • Redemption Date: December 11, 2026
  • Interest Payment Frequency: Monthly

Impact Assessment

This listing has minimal market impact as it involves private placement debt securities with limited tradability. The securities are rated IND BBB+/Stable, indicating adequate credit quality. The 11.20% interest rate reflects the creditworthiness of the issuer and prevailing market conditions for similar rated instruments. Impact is confined to institutional investors and specific debenture holders participating in the private placement. No impact on equity markets or retail investors.

Impact Justification

Routine listing of debt securities on private placement basis affecting only specific debenture holders and institutional investors, not equity market participants.