Description
BSE announces listing of new commercial paper worth Rs. 50 crores issued by ICICI Home Finance Company Limited on private placement basis.
Summary
BSE has listed new commercial papers issued by ICICI Home Finance Company Limited worth Rs. 50 crores (1000 units of Rs. 5 lakh each) on private placement basis. The securities are effective for trading from July 28, 2025.
Key Points
- Commercial paper denomination: Rs. 5,00,000 per unit
- Total quantity: 1000 units (Rs. 50 crores total)
- Issue price: Rs. 493,069.50 per unit
- Credit rating: CARE A1+, ICRA A1+
- Trading in dematerialized form only
- Standard trading denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes. Standard commercial paper listing procedure.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: July 28, 2025
- Trading effective date: July 28, 2025
- Redemption date: October 24, 2025
- Maturity period: ~3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The short-term debt instrument provides additional funding avenue for ICICI Home Finance Company Limited with high credit ratings indicating low risk.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact