Description
360 ONE Prime Limited has listed new Commercial Paper worth Rs. 15 crores on BSE Debt segment with CRISIL A1+ and ICRA A1+ ratings.
Summary
360 ONE Prime Limited has listed new Commercial Paper securities on BSE’s Debt segment through private placement. The listing includes 3,000 units of Rs. 5 lakh each, totaling Rs. 15 crores, with high credit ratings from both CRISIL (A1+) and ICRA (A1+).
Key Points
- Commercial Paper of face value Rs. 5,00,000 each listed on BSE Debt segment
- Total quantity: 3,000 units (Rs. 15 crores total value)
- Issue price: Rs. 4,91,604.50 per unit
- Credit ratings: CRISIL A1+ and ICRA A1+
- Scrip Code: 729908, ISIN: INE248U14RV8
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- 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
- HDFC Bank Limited serves as Issuing and Paying agent
Important Dates
- Allotment Date: July 25, 2025
- Trading Effective Date: July 28, 2025
- Redemption Date: October 24, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing by a financial services company. The high credit ratings (A1+ from both agencies) indicate strong creditworthiness. The 3-month tenure and private placement nature suggest standard short-term funding requirements.
Impact Justification
Routine commercial paper listing with standard terms and no market-wide implications