Description
BSE lists new Commercial Paper of Mirae Asset Sharekhan Financial Services Limited worth Rs.50 crores with maturity on October 27, 2025.
Summary
BSE has listed new Commercial Paper of Mirae Asset Sharekhan Financial Services Limited issued on private placement basis. The instrument comprises 1000 units of Rs.5 lakh each, totaling Rs.50 crores, with a maturity period of 3 months.
Key Points
- Securities: Commercial Paper of Rs.5,00,000/- each
- Quantity: 1000 units (Total value: Rs.50 crores)
- Scrip Code: 729923
- ISIN: INE550X14AI4
- Credit Rating: CRISIL A1+
- Issue Price: Rs.491,544.09 per unit
- Market Lot: 1 unit
- Trading denomination: Rs.5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing procedures followed.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs.5 lakhs and multiples
- HDFC Bank Ltd acts as Issuing and Paying Agent
Important Dates
- Allotment Date: July 28, 2025
- Listing Date: July 29, 2025
- Redemption Date: October 27, 2025
- Maturity Period: 3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding for Mirae Asset Sharekhan Financial Services Limited and offers investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact