Description
New commercial paper worth Rs. 50 crores listed on BSE Debt segment for trading in dematerialized form.
Summary
Mirae Asset Sharekhan Financial Services Limited has listed new commercial paper worth Rs. 50 crores (1000 units of Rs. 5 lakh each) on BSE Debt segment. The securities are issued on private placement basis with CRISIL A1+ rating and will trade in dematerialized form only.
Key Points
- Commercial paper of Rs. 5,00,000/- each (1000 units total)
- Scrip Code: 729923, ISIN: INE550X14AI4
- Issue price: Rs. 491,544.09 per unit
- Credit Rating: CRISIL A1+
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
- HDFC Bank Ltd is the Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading allowed only in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities to be traded under specified ISIN number
Important Dates
- Allotment Date: July 28, 2025
- Listing Date: July 29, 2025
- Redemption Date: October 27, 2025
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding instrument for institutional investors with 3-month maturity period.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact