Description
BSE announces listing of ₹285 crore commercial paper issued by ICICI Home Finance Company Limited with 3-month tenure.
Summary
BSE has listed new commercial paper worth ₹285 crores issued by ICICI HOME FINANCE COMPANY LIMITED on private placement basis. The commercial paper has a face value of ₹5 lakh per unit with 5,700 units issued, carrying CARE A1+ and ICRA A1+ credit ratings.
Key Points
- Commercial paper of ₹5,00,000 face value each with 5,700 units issued
- Total issue size: ₹285 crores (5,700 × ₹5,00,000)
- Issue price: ₹4,92,800.50 per unit
- Credit ratings: CARE A1+ and ICRA A1+
- Scrip code: 729978, Scrip ID: IHFC70825
- ISIN: INE071G14GZ7
- Trading in dematerialized form only
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of ₹5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- Market lot size is 1 unit
Important Dates
- Allotment Date: August 7, 2025
- Listing Date: August 7, 2025 (effective from today)
- Redemption Date: November 6, 2025
- Tenure: 3 months (91 days)
Impact Assessment
This is a routine debt listing with minimal market impact. The commercial paper provides short-term funding for ICICI Home Finance Company Limited and offers institutional investors a 3-month investment option with high credit ratings. The listing expands the debt market options available on BSE but does not affect broader market operations.
Impact Justification
Routine commercial paper listing with no market-wide impact