Description

BSE announces listing of new debt securities issued by FINSTARS CAPITAL LIMITED with 11.07% interest rate, maturing on December 9, 2027.

Summary

BSE has listed new debt securities issued by FINSTARS CAPITAL LIMITED on a private placement basis, effective December 12, 2025. The securities are non-convertible debentures with a face value of Rs. 100,000, carrying an interest rate of 11.07% per annum, and maturing on December 9, 2027.

Key Points

  • Issuer: FINSTARS CAPITAL LIMITED
  • Quantity: 1,500 debentures
  • Scrip Code: 977361
  • Scrip ID: 1107FCL27
  • ISIN: INE08XA07052
  • Face Value: Rs. 100,000 per debenture
  • Issue Price: Rs. 100,000 per debenture
  • Interest Rate: 11.07% per annum (paid monthly)
  • Credit Rating: IVR BBB-/Negative
  • Market Lot: 1
  • Tick Size: 1 paise
  • Trading Mode: Dematerialised form only
  • Put/Call Option: Not Available

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE08XA07052
  • Members should refer to the Placement Memorandum available at BSE’s debt memorandum section for detailed information
  • For clarifications, trading members may contact BSE’s debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Date of Allotment: 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

Market Impact: Minimal. This is a routine private placement debt listing for a specific issuer with a modest issue size of 1,500 debentures.

Operational Impact: Limited to trading members dealing in debt securities, who need to be aware of the new scrip for client orders.

Credit Consideration: The securities carry an IVR BBB-/Negative rating, indicating lower investment grade quality with negative outlook. Investors should consider credit risk in investment decisions.

Impact Justification

Routine debt security listing for a single issuer on private placement basis with limited market-wide impact