Description

InCred Financial Services Limited has listed new debt securities worth Rs. 25 crore on BSE Debt segment with NIFTY-50-INDEX linked structure, rated CRISIL PP-MLD AA+r/Stable, maturing in February 2028.

Summary

BSE has announced the listing and admission to trading of new debt securities issued by InCred Financial Services Limited on a private placement basis. The securities, linked to NIFTY-50-INDEX, have been listed on the BSE Debt segment effective December 17, 2025. The issuance comprises 2,500 securities with a face value of Rs. 1,00,000 each, totaling Rs. 25 crore, with a maturity date of February 11, 2028.

Key Points

  • Scrip Code: 977375
  • Scrip ID: IFSL121225
  • ISIN Number: INE321N07608
  • Detail Name: IFSL-NIFTY-50-INDEX-11-2-28-PVT
  • Quantity: 2,500 securities
  • Face Value: Rs. 1,00,000 per security
  • Market Lot: 1
  • Credit Rating: CRISIL PP-MLD AA+r/Stable
  • Date of Allotment: December 12, 2025
  • Securities will be traded only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that these securities will be traded only in dematerialized form under ISIN INE321N07608
  • 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 debt department at BSE (phone: 22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: December 17, 2025
  • Date of Allotment: December 12, 2025
  • Listing Date: December 17, 2025 (effective from today)
  • Date of Redemption: February 11, 2028
  • Date(s) of Payment of Interest: Not Applicable (NA)

Impact Assessment

Market Impact: Low. This is a routine private placement listing of debt securities with limited impact on broader market operations. The listing adds Rs. 25 crore worth of debt instruments to the BSE Debt segment.

Investor Impact: Relevant for institutional and qualified investors participating in debt markets, particularly those interested in NIFTY-50-INDEX linked structured debt products with AA+ credit rating.

Operational Impact: Minimal. Standard listing process with securities available for trading in dematerialized form through the existing BSE Debt segment infrastructure.

Impact Justification

Routine debt securities listing on private placement basis with limited market-wide impact. Relevant primarily for debt market participants and investors in InCred Financial Services.