Question: I am planning to invest in listed corporate bonds in India through an online bond platform. What is the minimum investment amount prescribed under the current regulatory framework?
Answer: Under SEBI's OBPP framework, the effective minimum investment for listed corporate bonds is ₹10,000 (typically the face value of one bond unit) — this is what SEBI's reforms brought the entry barrier down to, from earlier institutional-only minimums running into lakhs.
Note: this is a platform/market-practice minimum, not a fixed statutory figure per se — it can vary slightly by specific bond issue (the face value/unit size set at issuance). Always confirm the per-bond face value on the specific ISIN before investing.

Supporting evidence:
title: sebi.gov.in/reduction-in-denomination-of-debt-securities-and-non-convertible-redeemable-preference-shares_84573.html
quote: the issuer may raise funds through tranche placement memorandum or Key Information Document at a face value at Rs. Ten Thousand Trading lot of listed debt security issued on private placement basis, nonconvertible redeemable preference share issued on private placement basis, listed security mentioned under Chapter V of SEBI (Issue and Listing of NonConvertible Securities) Regulations, 2021 and Chapter XIII of the Master circular dated May 22, 2024, traded on a Stock Exchange or OTC basis shall always be equal to face value
context: eable till all the obligations of the security has been paid to the investors.

Subject: Reduction in denomination of debt securities and non-convertible redeemable preference shares

- b) The support provider has a lower probability of default on a continuous basis, compared with the issuer, till the time such instruments are outstanding.
2. (iv) With respect to a shelf placement memorandum or General Information Document (GID) which is valid as on the 'effective date of the circular', the issuer may raise funds through tranche placement memorandum or Key Information Document at a face value at Rs. Ten Thousand provided at least one Merchant Banker is appointed to carry out due diligence in respect of such issuances. Necessary addendum shall be issued by such issuer to the shelf placement memorandum or General Information Document, as applicable.
3. 3.3. Clause 2.1 of Chapter V of the Master Circular will stand deleted. The same is re-produced below:
' The face value of a listed debt security or non-convertible redeemable preference share issued on private placement basis traded on a stock exchange or OTC basis shall be Rs. One lakh.'
- 3.4. Clause 2.2 of Chapter V of the Master Circular will stand deleted. The same is re-produced below:
' The face value of a listed security mentioned under Chapter V of SEBI NCS Regulations, 2021 and Chapter 13 of this operational circular traded on a stock exchange or OTC basis shall be Rs. One crore .'
- 3.5. Clause 2.3 of Chapter V of the Master Circular shall be modified as under:
'Trading lot of listed debt security issued on private placement basis, nonconvertible redeemable preference share issued on private placement basis, listed security mentioned under Chapter V of SEBI (Issue and Listing of NonConvertible Securities) Regulations, 2021 and Chapter XIII of the Master circular dated May 22, 2024, traded on a Stock Exchange or OTC basis shall always be equal to face value.'

Subject: Reduction in denomination of debt securities and non-convertible redeemable preference shares

4. The provisions of this circular shall be applicable to all issues of debt securities and non-convertible redeemable preference shares, on private placement basis that are proposed to be listed from the date of issuance of this circular.
5. The Circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 55 (1) of the SEBI (Issue and Listing of Non-c