Description
BSE announces listing of Rs. 300 crore commercial paper issued by Infina Finance Private Limited with 91-day tenure and CRISIL A1+/ICRA A1+ rating.
Summary
BSE has listed new commercial paper worth Rs. 300 crores issued by Infina Finance Private Limited on private placement basis. The securities carry face value of Rs. 5 lakhs each with CRISIL A1+ and ICRA A1+ credit ratings.
Key Points
- 6000 commercial paper units of Rs. 5 lakhs each listed on BSE Debt segment
- Issue price: Rs. 4,92,087 per unit (face value Rs. 5,00,000)
- Credit rating: CRISIL A1+ and ICRA A1+
- ISIN: INE879F14LD2, Scrip Code: 729915
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- Kotak Mahindra Bank Limited serves as Issuing and Paying agent
Important Dates
- Allotment Date: July 25, 2025
- Listing Date: July 28, 2025
- Redemption Date: October 24, 2025
- Tenure: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for Infina Finance Private Limited with high credit rating indicating low risk for investors.
Impact Justification
Routine commercial paper listing with no significant market impact