Zero-coupon zero principal bonds: FUEL opens NSE Social Stock Exchange issue

Friends Union for Energising Lives FUEL opened a Zero Coupon Zero Principal offering on the NSE Social Stock Exchange on Wednesday. The issue size is Rs 1 crore. Subscriptions will stay open until March 23. FUEL plans to list the instrument on March 26 on the NSE Social Stock Exchange.

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The ZCZP bonds are priced at Re 1 each. The minimum application size is 1,000 bonds. The instrument has Sebi approval. Money raised through this route is meant for donations. It will go to eligible NPOs that are listed on the Social Stock Exchange.

Social Stock Exchange ZCZP funds and FUEL education support

FUEL said the funds will back scholarships and skill-building for people with fewer resources. The plan includes digital and life skills training. It also covers workforce integration initiatives. The programme includes entrepreneurship guidance. FUEL said these efforts target students and adults from economically challenged backgrounds.

FUEL also said it wants to support students through a structured degree option. The NGO plans an All India Council for Technical Education AICTE approved BBA programme. It is affiliated with Savitribai Phule Pune University. FUEL said the goal is to provide end-to-end help for learning and career progress.

Social Stock Exchange ZCZP track record and statement from FUEL

FUEL’s founder and Chairman said the NGO has trained more than 2.9 lakh young people. The training focused on future-ready skills. The NGO has also awarded over 2,900 scholarships. The founder and Chairman said these efforts have produced steady employment outcomes.

"The Social Stock Exchange SSE listing strengthens our commitment to transparency, governance, and measurable impact. It enables citizens, corporates, and institutions to participate in nation-building through structured education funding,\" the founder and Chairman said. The statement linked the listing to clearer reporting. It also connected the issue to organised funding routes.

The ZCZP instrument is set to remain available to subscribers until March 23. FUEL has scheduled the listing for March 26 on the NSE Social Stock Exchange. The offering sets out a defined way to route donations. The stated focus remains education support, skills training, and career-linked help for low-income groups.

With inputs from PTI