Description
New commercial paper of Rs. 5,00,000 each by Godrej Housing Finance Limited listed on BSE Debt segment with CRISIL A1+ and ICRA A1+ ratings.
Summary
BSE has listed new commercial paper securities issued by Godrej Housing Finance Limited on private placement basis. The securities are worth Rs. 5,00,000 each with a total quantity of 2000 units, carrying CRISIL A1+ and ICRA A1+ credit ratings. Trading commenced on July 25, 2025 on the BSE Debt segment.
Key Points
- Commercial paper denomination: Rs. 5,00,000 per unit
- Total quantity: 2000 units
- Scrip Code: 729905, Scrip ID: GHFL25725
- ISIN: INE02JD14617
- Credit ratings: CRISIL A1+ and ICRA A1+
- Issue price: Rs. 492,703.50
- Face value: Rs. 500,000
- Allotment date: July 25, 2025
- Redemption date: October 24, 2025
- Issuing and paying agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new debt securities.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- Securities will be traded under ISIN INE02JD14617
Important Dates
- Listing Date: July 25, 2025
- Allotment Date: July 25, 2025
- Redemption Date: October 24, 2025
- Maturity Period: 91 days
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The listing provides additional short-term debt instruments for institutional investors and adds to the available commercial paper options in the debt segment. The strong credit ratings (A1+ from both CRISIL and ICRA) indicate low credit risk for investors.
Impact Justification
Routine commercial paper listing with no significant market impact or regulatory changes