Description

BSE announces listing of IOCL Commercial Paper worth Rs. 2000 crores with 90-day maturity on debt segment.

Summary

BSE has listed new Commercial Paper issued by Indian Oil Corporation Ltd (IOCL) on private placement basis. The instrument has a face value of Rs. 5 lakh per unit with 40,000 units totaling Rs. 2,000 crores, maturing on November 3, 2025.

Key Points

  • Commercial Paper of Rs. 5,00,000 face value each
  • Total quantity: 40,000 units (Rs. 2,000 crores)
  • Issue price: Rs. 4,92,950 per unit
  • Scrip Code: 729967, ISIN: INE242A14YE5
  • Credit Rating: ICRA A1+, IND A1+
  • Issuing and Paying Agent: State Bank of India

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading only in dematerialized form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Trading members to contact debt department for clarifications

Important Dates

  • Allotment Date: August 5, 2025
  • Trading Start Date: August 6, 2025
  • Redemption Date: November 3, 2025
  • Maturity Period: 90 days

Impact Assessment

Routine debt instrument listing with minimal market impact. Provides short-term funding avenue for IOCL and investment option for institutional investors in highly-rated commercial paper.

Impact Justification

Routine commercial paper listing with no market-wide implications