Description

BSE lists new commercial papers worth Rs. 500 crores issued by BHEL on private placement basis with 58-day tenure.

Summary

BSE has listed new commercial papers issued by Bharat Heavy Electricals Ltd (BHEL) worth Rs. 500 crores on private placement basis. The papers carry face value of Rs. 5 lakhs each with 58-day maturity period.

Key Points

  • 10,000 commercial papers of Rs. 5 lakhs each totaling Rs. 500 crores
  • Issue price: Rs. 4,95,207.50 per paper (discount to face value)
  • Credit rating: CARE A1+, IND A1+
  • ISIN: INE257A14AA1
  • Scrip Code: 729939
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • ICICI Bank as Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading restricted to standard denomination of Rs. 5 lakhs and multiples
  • Securities admitted to BSE Debt segment dealings

Important Dates

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

Impact Assessment

Minimal market impact as this is a routine commercial paper listing by a established PSU company. The short-term nature and private placement basis limits broader market implications. The strong credit ratings indicate low credit risk for investors.

Impact Justification

Routine commercial paper listing with no market-wide implications