Description

InCred Financial Services Limited has listed new debt securities worth ₹100 crore on BSE Debt segment with 8.80% interest rate and December 2027 maturity.

Summary

BSE has announced the listing of new debt securities issued by InCred Financial Services Limited on a private placement basis. The securities commenced trading on the BSE Debt segment with effect from December 10, 2025. The issue comprises 10,000 debentures with a face value of ₹1,00,000 each, totaling ₹100 crore, carrying an interest rate of 8.80% per annum with quarterly interest payments and a maturity date of December 6, 2027.

Key Points

  • Quantity: 10,000 debentures
  • Face Value: ₹1,00,000 per debenture
  • Total Issue Size: ₹100 crore
  • Interest Rate: 8.80% per annum (paid quarterly)
  • Credit Rating: CRISIL AA-/Stable
  • Scrip Code: 977353
  • Scrip ID: 880IFSL27
  • ISIN: INE321N07590
  • Market Lot: 1
  • Tick Size: 1 paise
  • Trading Mode: Dematerialised form only
  • Date of Allotment: December 8, 2025
  • Listing Date: December 10, 2025

Regulatory Changes

No regulatory changes announced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE321N07590
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • Members requiring clarification may contact the BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

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

Impact Assessment

Market Impact: Low - This is a private placement debt issue with no public offer component. The listing provides liquidity to existing holders but has minimal impact on broader equity markets.

Investor Impact: Relevant for debt market investors seeking AA-rated corporate bonds with quarterly interest payments. The 8.80% coupon rate provides a competitive yield for the rating category.

Operational Impact: Trading members can now facilitate trading in these securities on the BSE Debt segment for clients interested in InCred Financial Services’ debt instruments.

Impact Justification

Routine debt security listing on private placement basis with no immediate market-wide impact. Relevant primarily for debt market participants and investors in InCred Financial Services.