Description
BSE lists new commercial paper worth Rs. 1,450 crores issued by Reliance Jio Infocomm Limited on private placement basis.
Summary
BSE has listed new commercial paper issued by Reliance Jio Infocomm Limited worth Rs. 1,450 crores (29,000 units of Rs. 5 lakhs each) on private placement basis. The commercial paper carries CARE A1+ and CRISIL A1+ ratings and will mature on October 24, 2025.
Key Points
- Commercial paper of Rs. 5,00,000 face value each, total 29,000 units
- Issue price: Rs. 4,92,812.50 per unit (discount to face value)
- Scrip Code: 729907, Scrip ID: RJIL25725
- ISIN: INE110L14UF6
- Credit ratings: CARE A1+ and CRISIL A1+
- 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 in standard denomination of Rs. 5 lakhs and multiples thereof
- Axis Bank Ltd acts 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 by a large corporate entity. The high credit ratings (A1+) indicate strong creditworthiness. The short-term nature (91 days) provides liquidity management option for institutional investors.
Impact Justification
Routine commercial paper listing with standard terms and no unusual features