Description

BSE lists new commercial paper of BHEL worth Rs. 500 crores with maturity on September 26, 2025.

Summary

BSE has listed new Commercial Paper issued by Bharat Heavy Electricals Ltd (BHEL) on private placement basis. The instrument consists of 10,000 units of Rs. 5 lakh each, totaling Rs. 500 crores, with a maturity period of approximately 2 months.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Total Quantity: 10,000 units (Rs. 500 crores total)
  • Scrip Code: 729939
  • Scrip ID: BHEL300725
  • ISIN: INE257A14AA1
  • Issue Price: Rs. 495,207.50 per unit
  • Credit Rating: CARE A1+, IND A1+
  • Issuing and Paying Agent: ICICI Bank

Regulatory Changes

No regulatory changes introduced. Standard commercial paper listing procedure followed.

Compliance Requirements

  • Trading only in dematerialized form under specified ISIN
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size of 1 paise applies
  • Trading members must follow BSE debt segment guidelines

Important Dates

  • Allotment Date: July 30, 2025
  • Listing Date: July 30, 2025
  • Redemption Date: September 26, 2025
  • Maturity Period: 58 days

Impact Assessment

Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides BHEL with working capital financing for approximately 2 months. The high credit ratings (A1+) indicate strong creditworthiness and low default risk.

Impact Justification

Routine commercial paper listing with no significant market impact