Description

InCred Financial Services Limited has listed new debt securities worth Rs. 25 crore on BSE Debt segment with maturity in February 2028.

Summary

BSE has listed new debt securities issued by InCred Financial Services Limited on a private placement basis, effective December 17, 2025. The securities are Nifty 50 Index-linked with a total quantity of 2,500 units and face value of Rs. 1,00,000 per unit. The securities carry a CRISIL PP-MLD AA+r/Stable rating and will mature on February 11, 2028.

Key Points

  • Scrip Code: 977375, Scrip ID: IFSL121225
  • ISIN Number: INE321N07608
  • Quantity: 2,500 units with market lot of 1
  • Face Value: Rs. 1,00,000 per unit
  • Issue Price: Rs. 1,00,000 per unit (at par)
  • Date of Allotment: December 12, 2025
  • Credit Rating: CRISIL PP-MLD AA+r/Stable
  • Trading permitted only in dematerialized form
  • Tick size: 1 paise
  • No put/call option available

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE321N07608
  • Trading members should refer to the Placement Memorandum available at BSE’s debt memorandum page for detailed terms
  • Any clarifications can be obtained from BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

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

Impact Assessment

Market Impact: Minimal. This is a routine private placement debt listing with no direct impact on equity markets or retail investors.

Investor Impact: Limited to institutional investors participating in the private placement. The securities are Nifty 50 Index-linked, providing exposure to benchmark equity index performance through debt instruments.

Operational Impact: Trading members need to ensure their systems are updated with the new scrip details for debt segment trading.

Impact Justification

Routine debt securities listing notification for institutional investors with no immediate market-wide impact