Description
360 ONE Prime Limited lists new Commercial Paper worth Rs. 100 crores on BSE Debt segment with redemption date of October 27, 2025.
Summary
360 ONE Prime Limited has listed new Commercial Paper worth Rs. 100 crores (2000 units of Rs. 5 lakh each) on BSE Debt segment effective July 29, 2025. The papers are issued on private placement basis with a 91-day tenor and CRISIL A1+/ICRA A1+ rating.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each (2000 units)
- Issue price: Rs. 4,91,604.50 per unit
- Total issue size: Rs. 100 crores
- Scrip Code: 729921, ISIN: INE248U14RW6
- Credit Rating: CRISIL A1+, ICRA 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
- HDFC Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: July 28, 2025
- Listing Date: July 29, 2025
- Redemption Date: October 27, 2025
- Tenor: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness. The short-term nature (91 days) makes it suitable for money market operations and liquidity management by institutional investors.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact