Description

BSE announces listing of new debt securities of InCred Financial Services Limited worth Rs. 100 crore with 8.80% interest rate, maturing on December 6, 2027.

Summary

BSE has listed new debt securities of InCred Financial Services Limited issued on private placement basis, effective December 10, 2025. The securities consist of 10,000 debentures with a face value of Rs. 1,00,000 each, carrying an interest rate of 8.80% per annum with quarterly interest payments and maturity date of December 6, 2027.

Key Points

  • Scrip Code: 977353
  • Scrip ID: 880IFSL27
  • ISIN: INE321N07590
  • Quantity: 10,000 debentures
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,00,000 per debenture
  • Total Issue Size: Rs. 100 crore
  • Date of Allotment: December 8, 2025
  • Credit Rating: CRISIL AA-/Stable
  • Market Lot: 1
  • Tick Size: 1 paise
  • Trading: Dematerialized form only

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 INE321N07590
  • Members should refer to the Placement Memorandum available at BSE’s debt memorandum page for detailed information
  • For clarifications, members may contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 8, 2025
  • Listing Date: December 10, 2025
  • Interest Payment: Quarterly from March 9, 2026 to December 6, 2027
  • Redemption Date: December 6, 2027
  • Put/Call Option: Not applicable

Impact Assessment

Minimal market impact. This is a routine private placement debt security listing that provides InCred Financial Services Limited with additional funding of Rs. 100 crore. The securities are rated CRISIL AA-/Stable, indicating strong creditworthiness. The listing expands BSE’s debt segment offerings but has no broader implications for equity markets or retail investors. Impact is limited to institutional debt investors and the issuing company.

Impact Justification

Routine debt security listing notification with no market-wide implications. Affects only specific debt instrument investors.