Description

BSE announces the listing of new debt securities issued by Credila Financial Services Limited on private placement basis, effective December 17, 2025.

Summary

BSE has listed new debt securities issued by Credila Financial Services Limited on private placement basis with effect from December 17, 2025. Two series of debentures totaling 40,000 units (₹4,000 crores) have been listed on the BSE Debt segment. Both securities carry CRISIL AA+/STABLE rating and will trade only in dematerialized form.

Key Points

  • Two series of debt securities listed on BSE Debt segment effective December 17, 2025
  • Series 1: 15,000 debentures (Scrip Code 977373) with 8.24% p.a. interest rate, maturing June 15, 2027
  • Series 2: 25,000 debentures (Scrip Code 977374) with 8.37% p.a. interest rate, maturing March 15, 2028
  • Both series have face value and issue price of ₹1,00,000 per debenture
  • Credit rating: CRISIL AA+/STABLE for both series
  • Date of allotment: December 15, 2025
  • Securities will trade only in dematerialized form
  • Market lot size: 1 debenture
  • Tick size: 1 paise
  • No put/call options available

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note that these securities will be traded only in dematerialized form under the specified ISIN numbers
  • 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 BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 15, 2025
  • Listing Date: December 17, 2025
  • Interest Payment Dates (Series 1 - 977373): Annually from June 15, 2026 to June 15, 2027
  • Redemption Date (Series 1): June 15, 2027
  • Interest Payment Dates (Series 2 - 977374): Annually from March 16, 2026 to March 15, 2028
  • Redemption Date (Series 2): March 15, 2028

Impact Assessment

Market Impact: Low. This is a routine listing of privately placed debt securities with high face value (₹1 lakh per debenture), indicating institutional investor participation. Not accessible to retail investors.

Issuer Impact: Positive for Credila Financial Services Limited as it successfully raised debt capital through private placement at competitive rates (8.24%-8.37%) with strong credit rating.

Investor Impact: Limited to institutional and high net worth investors who participated in the private placement. The CRISIL AA+/STABLE rating indicates high credit quality with adequate degree of safety regarding timely servicing of financial obligations.

Security Details

Series 1 (CFSL-8.24%-15-6-27-PVT)

  • Scrip Code: 977373
  • Scrip ID: 824CFSL27
  • ISIN: INE539K07320
  • Quantity: 15,000 debentures
  • Face Value: ₹1,00,000
  • Interest Rate: 8.24% per annum
  • Tenure: ~2.5 years

Series 2 (CFSL-8.37%-15-3-28-PVT)

  • Scrip Code: 977374
  • Scrip ID: 837CFSL28
  • ISIN: INE539K07338
  • Quantity: 25,000 debentures
  • Face Value: ₹1,00,000
  • Interest Rate: 8.37% per annum
  • Tenure: ~3.25 years

Impact Justification

Routine debt securities listing announcement for private placement bonds. Limited market impact as these are private placements not available to retail investors.