Description

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

Summary

BSE has admitted several privately placed debt securities for trading on its Debt Segment effective January 13, 2026. The securities include one commercial paper issue from Julius Baer Capital (India) Private Limited and multiple non-convertible debentures 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: 1,000 units of Rs. 5 lakh each, maturing April 16, 2026, carrying 7.05% interest, rated CRISIL A1+/ICRA A1+
  • Purple Finance Limited NCDs: 25,000 units at 12.25% interest, maturing January 12, 2028, rated IND BBB-
  • Kosamattam Finance Limited NCDs: 100,000 units at 11% interest, maturing July 13, 2031, rated IND A/Stable
  • Keertana Finserv Limited NCDs (further listing): 20,000 units at 11.40% interest, maturing October 24, 2027, rated IND BBB+/Stable
  • Bajaj Housing Finance Limited NCDs (further listing): 50,000 units at 7.10% interest, maturing October 16, 2028, rated CRISIL AAA
  • Commercial paper trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size for all securities is 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Commercial paper must be traded in standard denomination of Rs. 5 lakhs and multiples thereof
  • Market lot is 1 unit for all listed securities
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915
  • For further details on NCDs, refer to placement memorandum at https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

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

Impact Assessment

Minimal market impact as this is a routine administrative listing notification for privately placed debt instruments. The listing expands debt market trading options for institutional and qualified investors. The inclusion of Bajaj Housing Finance NCDs with CRISIL AAA rating and other issuers with varying credit profiles provides investors with diverse fixed-income investment opportunities across different risk-return profiles. No impact on equity markets or retail investors.

Impact Justification

Routine listing notification for privately placed debt instruments with no market-wide impact; relevant only to debt market participants and specific issuers