Description

BSE lists two new Commercial Paper securities from Axis Finance Limited worth Rs. 5 lakhs each with CRISIL A1+ rating.

Summary

BSE has listed two new Commercial Paper securities issued by Axis Finance Limited on private placement basis, each with face value of Rs. 5,00,000. Both securities carry CRISIL A1+ and IND A1+ credit ratings and will trade in dematerialized form with standard denomination of Rs. 5 lakhs.

Key Points

  • Two Commercial Paper securities listed with 2000 quantity each
  • Face value: Rs. 5,00,000 per security
  • Credit Rating: CRISIL A1+, IND A1+
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • Issuing and Paying Agent: Axis Bank Limited

Security Details

Security 1:

  • Scrip Code: 729909
  • ISIN: INE891K14PF3
  • Issue Price: Rs. 492,943.50
  • Redemption Date: October 17, 2025

Security 2:

  • Scrip Code: 729911
  • ISIN: INE891K14PE6
  • Issue Price: Rs. 491,869.50
  • Redemption Date: October 30, 2025

Important Dates

  • Allotment Date: July 25, 2025
  • Listing Date: July 28, 2025
  • Redemption Dates: October 17, 2025 and October 30, 2025

Trading Information

  • Market Lot: 1
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Contact: BSE Debt Department (22728352/8597/8995/5753/8915)

Impact Assessment

Routine debt security listing with no significant market impact. Provides additional short-term funding instruments for institutional investors seeking high-rated commercial paper with 3-month maturity periods.

Impact Justification

Routine commercial paper listing with standard terms and no market-wide implications