Description
BSE announces listing of Rs. 50 crore Commercial Paper issued by Mirae Asset Sharekhan Financial Services Limited with CRISIL A1+ rating.
Summary
BSE has listed new Commercial Paper worth Rs. 50 crore issued by Mirae Asset Sharekhan Financial Services Limited on private placement basis. The securities carry CRISIL A1+ rating and are available for trading in the BSE Debt segment with effect from July 29, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each (1000 units)
- Issue price: Rs. 4,91,544.09 per unit
- CRISIL A1+ credit rating
- Scrip Code: 729923, ISIN: INE550X14AI4
- Allotment date: July 28, 2025
- Redemption date: October 27, 2025
- HDFC Bank Ltd acts as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise applicable
- Market lot size: 1 unit
Important Dates
- Listing Date: July 29, 2025
- Allotment Date: July 28, 2025
- Redemption Date: October 27, 2025
- Tenure: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding requirements. The A1+ rating indicates strong creditworthiness. Trading will be limited to institutional and high-net-worth investors due to high denomination requirements.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact