Description

BSE announces listing of 3000 new debt securities (debentures) of Finnable Credit Private Limited on private placement basis, with 12.25% interest rate and maturity date of June 11, 2028.

Summary

BSE has listed new debt securities issued by Finnable Credit Private Limited on private placement basis with effect from December 12, 2025. The issuance consists of 3000 debentures with a face value of Rs. 1,00,000 each, carrying an interest rate of 12.25% per annum with monthly interest payments. The securities are rated CARE BBB+/Stable and will mature on June 11, 2028.

Key Points

  • Quantity: 3000 debentures
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,00,000 (at par)
  • Scrip Code: 977363
  • Scrip ID: 1225FCPL28
  • ISIN: INE14H407074
  • Credit Rating: CARE BBB+/Stable
  • Interest Rate: 12.25% per annum
  • Interest Payment: Monthly (from January 11, 2026 to June 11, 2028)
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Put/Call Option: Not Available
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE14H407074
  • Trading members must use the specified tick size of 1 paise
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
  • For clarifications, trading members may contact the BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 11, 2025
  • Listing Date: December 12, 2025
  • First Interest Payment Date: January 11, 2026
  • Maturity/Redemption Date: June 11, 2028
  • Interest Payment Period: Monthly from January 11, 2026 to June 11, 2028

Impact Assessment

Market Impact: Low. This is a routine listing of privately placed debt securities by a non-listed financial services company. The securities are available only to qualified institutional buyers and will have minimal impact on retail investors or broader market operations.

Operational Impact: Minimal. Trading members need to be aware of the new scrip code and ISIN for trading purposes. The securities follow standard BSE debt segment trading protocols with dematerialized trading and standard tick size requirements.

Issuer Profile: Finnable Credit Private Limited is a private limited company in the financial services sector. The CARE BBB+/Stable rating indicates adequate credit quality with moderate credit risk.

Impact Justification

Routine listing notification for private placement debt securities of a non-listed financial entity with limited market-wide impact.