Description
BSE lists new debt securities of Finstars Capital Limited worth Rs. 15 crore with 11.07% interest rate, maturing on December 9, 2027.
Summary
BSE has listed new debt securities of Finstars Capital Limited on its Debt segment effective December 12, 2025. The securities were issued on private placement basis with a face value of Rs. 1,00,000 per unit, carrying an interest rate of 11.07% per annum with monthly interest payments.
Key Points
- Scrip Code: 977361, Scrip ID: 1107FCL27
- ISIN Number: INE08XA07052
- Quantity: 1,500 units with market lot of 1
- Face Value and Issue Price: Rs. 1,00,000 per unit
- Credit Rating: IVR BBB-/Negative
- Date of Allotment: December 9, 2025
- Securities will be traded only in dematerialized form
- Tick size: 1 paise
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 INE08XA07052
- Members should refer to the Placement Memorandum available at BSE’s debt memorandum page for detailed terms
- Contact debt department (22728352/8597/8995/5753/8915) for clarifications
Important Dates
- Allotment Date: December 9, 2025
- Listing Date: December 12, 2025
- Interest Payment Period: Monthly from December 31, 2025 to December 9, 2027
- Redemption Date: December 9, 2027
Impact Assessment
Limited market impact as this is a private placement listing on the debt segment. The securities carry a sub-investment grade credit rating (IVR BBB-/Negative), indicating higher risk. The listing provides trading members with access to these debt instruments for their clients interested in high-yield debt securities. No put/call options are available on these securities.
Impact Justification
Routine debt security listing on private placement basis with limited market impact, relevant only to debt segment participants