Description
Standard Chartered Capital Limited's commercial paper worth Rs. 150 crores listed on BSE debt segment for trading.
Summary
Standard Chartered Capital Limited has listed new commercial paper securities worth Rs. 150 crores on BSE’s debt segment. The securities are issued on private placement basis and available for trading from July 31, 2025.
Key Points
- Commercial paper issued with face value of Rs. 5,00,000 each
- Total quantity: 3,000 units (Rs. 150 crores total)
- Issue price: Rs. 4,92,111 per unit
- Credit rating: CRISIL A1+, ICRA A1+
- Trading only in dematerialized form
- 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
- Securities must be traded in standard denomination of Rs. 5 lakhs and multiples
- HDFC Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: July 31, 2025
- Trading Start Date: July 31, 2025
- Redemption Date: October 30, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term investment options for institutional investors with high credit ratings from both CRISIL and ICRA.
Impact Justification
Routine commercial paper listing with no market-wide implications