Description
Time Technoplast Limited has listed new Commercial Paper worth Rs.25 crores on BSE Debt segment with CRISIL A1+ and ICRA A1+ ratings.
Summary
Time Technoplast Limited has listed new Commercial Paper worth Rs.25 crores (500 units of Rs.5 lakh each) on BSE’s Debt segment through private placement. The securities carry dual credit ratings of CRISIL A1+ and ICRA A1+, indicating high credit quality.
Key Points
- Commercial Paper issued on private placement basis of Rs.5,00,000 each
- Total quantity: 500 units (Rs.25 crores aggregate value)
- Issue price: Rs.4,81,512.50 per unit (face value Rs.5,00,000)
- Credit ratings: CRISIL A1+ and ICRA A1+
- Scrip Code: 729942, Scrip ID: TTL310725
- ISIN: INE508G14HU7
- Trading in dematerialized form only
- Standard denomination: Rs.5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs.5 lakhs and multiples thereof
- IDBI Bank Limited serves as Issuing and Paying Agent
Important Dates
- Allotment Date: July 31, 2025
- Trading Commencement: July 31, 2025
- Redemption Date: January 29, 2026
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The strong credit ratings (A1+ from both CRISIL and ICRA) indicate low credit risk. The 6-month tenor and private placement nature limit broader market implications.
Impact Justification
Routine commercial paper listing with no market-wide impact