Description

InCred Financial Services Limited has listed new debt securities (ISIN: INE321N07608) worth Rs. 25 crore on BSE Debt segment with CRISIL PP-MLD AA+r/Stable rating, maturing on February 11, 2028.

Summary

BSE has admitted new debt securities of InCred Financial Services Limited (IFSL) to trading on its Debt segment effective December 17, 2025. The securities were issued on a private placement basis and are NIFTY 50 Index linked instruments with a maturity date of February 11, 2028.

Key Points

  • Issuer: InCred Financial Services Limited
  • Scrip Code: 977375
  • Scrip ID: IFSL121225
  • ISIN: INE321N07608
  • Quantity: 2,500 securities
  • Face Value: Rs. 1,00,000 per security
  • Issue Size: Rs. 25 crore (2,500 × Rs. 1,00,000)
  • Credit Rating: CRISIL PP-MLD AA+r/Stable
  • Date of Allotment: December 12, 2025
  • Redemption Date: February 11, 2028
  • Tenor: Approximately 2 years 2 months
  • Market Lot: 1 security
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized only

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE321N07608
  • Members should refer to the Placement Memorandum available at BSE’s debt memorandum section for complete details
  • For clarifications, trading members can contact BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 12, 2025
  • Listing Date: December 17, 2025
  • Redemption Date: February 11, 2028
  • Interest Payment Dates: Not Applicable (NA)

Impact Assessment

Market Impact: Minimal. This is a routine listing of privately placed debt securities that adds to the debt market inventory but does not affect equity trading or broader market operations.

Investor Impact: Low. These are privately placed instruments with high face value (Rs. 1 lakh per unit) and institutional-grade credit rating, typically accessible only to qualified institutional buyers and high net worth investors.

Operational Impact: None. Standard listing procedure with no changes to trading systems or member obligations beyond awareness of the new scrip availability.

Impact Justification

Routine listing of privately placed debt securities with no immediate impact on equity markets or broader trading operations