Description

BSE lists ₹600 crore commercial paper issuance by Mindspace Business Parks REIT with redemption on September 15, 2025.

Summary

BSE has listed new commercial paper worth ₹600 crore issued by Mindspace Business Parks REIT on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 6, 2025.

Key Points

  • Commercial paper of ₹5 lakh denomination each
  • Total quantity: 12,000 units (₹600 crore)
  • Scrip Code: 729964, ISIN: INE0CCU14104
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issue price: ₹4,96,625 per unit (face value ₹5,00,000)
  • Allotment date: August 5, 2025
  • Trading in dematerialized form only
  • Standard denomination: ₹5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

None specified.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading restricted to standard denominations of ₹5 lakhs and multiples
  • ICICI Bank Limited acts as Issuing and Paying Agent

Important Dates

  • Allotment Date: August 5, 2025
  • Trading Start Date: August 6, 2025
  • Redemption Date: September 15, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for a REIT with strong credit ratings. The short-term nature (41 days) and private placement basis limit broader market implications.

Impact Justification

Routine commercial paper listing with standard terms and short tenure