Description
BSE announces listing of BHEL's Rs. 1,000 crore Commercial Paper issue with CARE A1+ rating, maturing September 29, 2025.
Summary
BSE has listed new Commercial Paper securities of Bharat Heavy Electricals Ltd. (BHEL) worth Rs. 1,000 crores on private placement basis. The securities are rated CARE A1+ and IND A1+ with a 53-day maturity period.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each
- Quantity: 20,000 units (total value Rs. 1,000 crores)
- Scrip Code: 729975 (BHEL70825)
- ISIN: INE257A14AB9
- Credit Rating: CARE A1+, IND A1+
- Issue Price: Rs. 495,631.50 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 restricted to standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 7, 2025
- Listing Date: August 7, 2025
- Redemption Date: September 29, 2025
- Maturity Period: 53 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The high credit rating (A1+) indicates strong creditworthiness. Standard trading parameters apply with no special conditions.
Impact Justification
Routine commercial paper listing with no market-wide implications