Description

BSE announces listing of new privately placed debt securities including commercial paper from Julius Baer Capital and debentures from Purple Finance, Kosamattam Finance, Keertana Finserv, and Bajaj Housing Finance on the debt market segment.

Summary

BSE has listed several privately placed debt securities on its debt market segment effective January 13, 2026. The listing includes one commercial paper issuance from Julius Baer Capital (India) Private Limited and multiple debenture issuances from Purple Finance Limited, Kosamattam Finance Limited, Keertana Finserv Limited, and Bajaj Housing Finance Limited. All securities will trade in dematerialized form only.

Key Points

  • Commercial paper from Julius Baer Capital totaling Rs. 50 crore (1000 units of Rs. 5 lakh each) with 7.05% p.a. interest, maturing April 16, 2026
  • Fresh listing of Purple Finance debentures worth Rs. 25 crore at 12.25% p.a. interest, maturing January 12, 2028
  • Fresh listing of Kosamattam Finance debentures worth Rs. 100 crore at 11% p.a. interest, maturing July 13, 2031
  • Further listing of Keertana Finserv debentures worth Rs. 20 crore at 11.40% p.a. interest, maturing October 24, 2027
  • Further listing of Bajaj Housing Finance debentures worth Rs. 500 crore at 7.10% p.a. interest, maturing October 16, 2028
  • All securities will trade only in dematerialized form under specified ISIN numbers
  • Commercial paper has standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for all securities is 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Commercial paper must be traded in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915
  • Placement memorandum details available at https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • Listing Effective Date: January 13, 2026
  • Julius Baer CP Allotment: January 13, 2026; Redemption: April 16, 2026
  • Purple Finance Allotment: January 12, 2026; Redemption: January 12, 2028
  • Kosamattam Finance Allotment: January 13, 2026; Redemption: July 13, 2031
  • Keertana Finserv Allotment: January 9, 2026; Redemption: October 24, 2027
  • Bajaj Housing Finance Allotment: January 12, 2026; Redemption: October 16, 2028

Impact Assessment

Market Impact: Low - Routine debt market listing with no impact on equity markets.

Investor Impact: Informational for debt market participants and institutional investors dealing with privately placed securities. Provides additional investment opportunities in debt instruments with varying risk profiles (credit ratings from IND BBB- to CRISIL AAA).

Operational Impact: Trading members dealing with debt securities need to update their systems with new scrip codes, ISIN numbers, and trading parameters for these instruments.

Impact Justification

Routine listing notification for privately placed debt instruments on BSE debt segment, primarily informational for trading members dealing with debt securities.