Description

GIC Housing Finance Ltd has listed new commercial paper worth Rs. 175 crores on BSE debt segment for trading.

Summary

GIC Housing Finance Ltd has successfully listed new commercial paper securities worth Rs. 175 crores (3,500 units of Rs. 5 lakh each) on the BSE debt segment. The commercial paper was issued on private placement basis and will be available for trading from August 7, 2025.

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 denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Important Dates

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

Trading Details

  • Issuing and Paying Agent: HDFC Bank Ltd
  • Trading Mode: Dematerialized form only
  • Market Lot: 1 unit
  • Standard Denomination: Rs. 5 lakhs and multiples

Impact Assessment

This is a routine debt instrument listing with minimal market impact. The commercial paper provides short-term funding for GIC Housing Finance Ltd and offers investment opportunities for institutional investors in the debt market segment.

Impact Justification

Routine commercial paper listing with no market-wide impact