Description
BSE lists new commercial paper issuance of Rs. 42.5 crores by Bajaj Financial Securities Limited with maturity on September 11, 2025.
Summary
BSE has listed new commercial paper issued by Bajaj Financial Securities Limited worth Rs. 42.5 crores (8,500 units of Rs. 5 lakhs each) on private placement basis. The paper carries CRISIL A1+ and IND A1+ ratings and matures on September 11, 2025.
Key Points
- Commercial paper of face value Rs. 5,00,000 each
- Total quantity: 8,500 units (Rs. 42.5 crores)
- Issue price: Rs. 4,96,308.50 per unit
- Credit rating: CRISIL A1+, IND A1+
- Scrip code: 729640, Scrip ID: BFSL120625
- ISIN: INE01C314BX5
- Issuing and paying agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise for trading
- Market lot size of 1 unit
Important Dates
- Allotment date: July 29, 2025
- Listing date: July 30, 2025
- Redemption date: September 11, 2025
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides additional short-term funding avenue for Bajaj Financial Securities Limited with a tenor of approximately 44 days.
Impact Justification
Routine commercial paper listing with no significant market impact