Description
BSE lists two series of commercial papers by 360 ONE Prime Limited worth Rs. 50 crores and Rs. 150 crores with CRISIL A1+ and ICRA A1+ ratings.
Summary
BSE has listed two new series of Commercial Papers issued by 360 ONE Prime Limited on private placement basis, with a total value of Rs. 200 crores. Both securities carry high credit ratings and will trade in dematerialized form.
Key Points
- Two Commercial Paper series listed on BSE Debt segment effective August 6, 2025
- Series 1: 1000 units of Rs. 5 lakhs each (Total: Rs. 50 crores) maturing February 13, 2026
- Series 2: 3000 units of Rs. 5 lakhs each (Total: Rs. 150 crores) maturing November 4, 2025
- Both series carry CRISIL A1+ and ICRA A1+ credit ratings
- HDFC Bank Limited acts as Issuing and Paying Agent
- Trading only in dematerialized form with standard denomination of Rs. 5 lakhs
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Listing Date: August 6, 2025
- Allotment Date: August 5, 2025
- Redemption Dates:
- Series 1 (360OPL4825): February 13, 2026
- Series 2 (OPL50825): November 4, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides additional short-term funding options for 360 ONE Prime Limited and investment opportunities for institutional investors in highly-rated commercial paper.
Impact Justification
Routine commercial paper listing with no market-wide impact