Description
BSE lists new commercial paper securities of Axis Finance Limited worth Rs. 50 crores on private placement basis.
Summary
BSE has listed new commercial paper securities of Axis Finance Limited issued on private placement basis. The securities worth Rs. 5 lakh each (total 1000 units) are now available for trading on BSE Debt segment with effect from July 31, 2025.
Key Points
- Securities Description: Commercial Paper of Rs. 5,00,000/- each
- Quantity: 1000 units
- Scrip Code: 729947
- ISIN: INE891K14PG1
- Credit Rating: CRISIL A1+, IND A1+
- Issue Price: Rs. 4,92,364.50/-
- 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
- Issuing and Paying agent: Axis Bank Limited
Important Dates
- Date of Allotment: July 30, 2025
- Trading Start Date: July 31, 2025
- Date of Redemption: October 29, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt instrument options for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no broader market implications