Description

BSE announces listing and admission of 5,100 new debt securities (11.20% p.a.) issued by Keertana Finserv Limited on private placement basis, effective December 10, 2025.

Summary

BSE has listed and admitted new debt securities issued by Keertana Finserv Limited for trading on the BSE Debt segment effective December 10, 2025. The securities were issued on a private placement basis with a face value of Rs. 1,00,000 per unit, carrying an interest rate of 11.20% per annum with monthly payments, and maturing on December 11, 2026.

Key Points

  • 5,100 debt securities listed under scrip code 976776 and scrip ID 112KFL26
  • ISIN: INE0NES07188 (further listings under same ISIN)
  • Face value and paid-up value: Rs. 1,00,000 per unit
  • Issue price: Rs. 99,939 per unit
  • Interest rate: 11.20% per annum (monthly payment)
  • Credit rating: IND BBB+/Stable
  • Market lot: 1 unit
  • Tick size: 1 paise
  • Trading only in dematerialized form
  • No put/call options available

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07188
  • Members must adhere to the tick size of 1 paise for trading
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, 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
  • Interest Payment Frequency: Monthly
  • Redemption Date: December 11, 2026

Impact Assessment

Market Impact: Minimal. This is a routine private placement debt listing with limited liquidity (5,100 units) and no impact on equity markets.

Investor Impact: Relevant only to institutional investors and high-net-worth individuals participating in private debt placements. The BBB+ rating indicates moderate credit quality with stable outlook.

Operational Impact: Trading members dealing in debt securities need to update their systems with the new scrip details for trading from December 10, 2025.

Impact Justification

Routine debt security listing notification for private placement with limited market-wide impact, affecting only specific debt investors.