Description

BSE announces listing of Rs. 175 crores Commercial Paper by GIC Housing Finance Ltd with redemption on February 27, 2026.

Summary

GIC Housing Finance Ltd has listed new Commercial Paper worth Rs. 175 crores (3,500 units of Rs. 5 lakh each) on BSE Debt segment. The Commercial Paper was issued on private placement basis with allotment date August 6, 2025 and redemption date February 27, 2026.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Quantity: 3,500 units (Total value: Rs. 175 crores)
  • Scrip Code: 729974
  • ISIN: INE289B14JU1
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issue Price: Rs. 4,82,259/- per unit
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • HDFC Bank Ltd appointed as Issuing and Paying Agent

Important Dates

  • Allotment Date: August 6, 2025
  • Listing Date: August 7, 2025
  • Redemption Date: February 27, 2026

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. Provides additional short-term funding avenue for GIC Housing Finance Ltd with strong credit ratings (A1+ from both CRISIL and ICRA).

Impact Justification

Routine commercial paper listing with no broader market implications