GIC Housing Finance NCD allotment details disclosed in a BSE filing on September 28, 2026, show that the company approved the allotment of Rs 100 crore of non-convertible debentures through private placement. The debt carries a fixed interest rate of 8.15% per annum, with KIRI Industries Limited named as the allottee.

The housing finance company allotted 10,000 NCDs with a face value of Rs 1,00,000 each. The securities form part of Series 12, Tranche 2, and the allotment took place on September 28, 2026. The filing recorded the event time as 10:45 a.m.

The transaction details identify both the size of the debt allotment and its fixed annual interest rate. The disclosed Rs 100 crore aggregate represents the face value of the 10,000 debentures allotted under this tranche.

Private placement terms

The company said it made the allotment through the Electronic Book Provider platform of BSE. Its disclosure sets out the following terms for the tranche:

  • Debenture series: Series 12, Tranche 2.
  • Offer size: Rs 100 crore.
  • Number of securities: 10,000 non-convertible debentures.
  • Face value: Rs 1,00,000 per debenture.
  • Interest payable: 8.15% per annum, fixed.
  • Allottee: KIRI Industries Limited.
  • ISIN: INE289B07156.

The ISIN identifies the securities covered by this allotment disclosure. The filing describes the transaction as a private placement of non-convertible debentures, rather than an allotment of equity shares.

BSE listing proposed

GIC Housing Finance said the NCDs are proposed to be listed on BSE Limited. The disclosure states the proposed listing venue; it does not report completion of the listing.

The allotment was made under authority granted by the board of directors through a resolution dated May 15, 2026. The company submitted the intimation under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Raj Gor, Group Head & Company Secretary, signed the communication addressed to BSE. GIC Housing Finance's equity scrip code on the exchange is 511676.

Source: BSE corporate announcement.