Description
BSE announces listing of new Commercial Paper worth Rs. 80 crores issued by Sikka Ports & Terminals Ltd on private placement basis.
Summary
BSE has listed new Commercial Paper securities of SIKKA PORTS & TERMINALS LTD worth Rs. 80 crores (16,000 units of Rs. 5 lakh each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 7, 2025.
Key Points
- Issue size: Rs. 80 crores (16,000 units of Rs. 5 lakh each)
- Issue price: Rs. 4,92,812.50 per unit (face value Rs. 5 lakh)
- Credit rating: CARE A1+, CRISIL A1+
- Scrip code: 729982, Scrip ID: SPTL7825
- ISIN: INE941D14725
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Limited acts as Issuing and Paying agent
Important Dates
- Listing date: August 7, 2025
- Allotment date: August 7, 2025
- Redemption date: November 6, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term debt investment option for institutional investors with high credit ratings (A1+ from both CARE and CRISIL). The 3-month tenure indicates standard commercial paper characteristics for working capital requirements.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact