Description
360 ONE Prime Limited has listed new commercial paper worth Rs. 50 crores on BSE Debt segment with CRISIL A1+ and ICRA A1+ ratings.
Summary
360 ONE Prime Limited has listed new commercial paper securities on BSE’s Debt segment. The securities are issued on private placement basis with a face value of Rs. 5 lakhs each, totaling Rs. 50 crores (1000 units). The commercial paper carries dual credit ratings of CRISIL A1+ and ICRA A1+.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each
- Total Quantity: 1000 units (Rs. 50 crores)
- Scrip Code: 729958
- Scrip ID: 360OPL1825
- ISIN: INE248U14RY2
- Credit Rating: CRISIL A1+, ICRA A1+
- Issue Price: Rs. 4,80,492/-
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard debt instrument listing following existing BSE procedures.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples thereof
- HDFC Bank Limited acts as Issuing and Paying Agent
- Trading members can contact BSE debt department for clarifications
Important Dates
- Allotment Date: August 1, 2025
- Listing Date: August 4, 2025
- Redemption Date: February 20, 2026
- Tenure: Approximately 6 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding option for 360 ONE Prime Limited and investment opportunity for institutional investors. The high credit ratings (A1+) indicate low credit risk for investors.
Impact Justification
Routine commercial paper listing with standard terms and minimal market impact