Description

BSE lists new Commercial Paper securities of Indian Oil Corporation Ltd worth Rs. 1000 crores for trading on debt segment.

Summary

BSE has listed new Commercial Paper securities of Indian Oil Corporation Ltd (IOCL) issued on private placement basis. The securities are worth Rs. 5 lakhs each with 20,000 units totaling Rs. 1000 crores, effective from August 07, 2025.

Key Points

  • Commercial Paper of Rs. 5,00,000/- each (20,000 units)
  • Scrip Code: 729979, Scrip ID: IOCL6825
  • ISIN Number: INE242A14YF2
  • Credit Rating: ICRA A1+, IND A1+
  • Issue Price: Rs. 4,92,926/- (discount to face value)
  • Allotment Date: August 06, 2025
  • Redemption Date: November 04, 2025
  • State Bank of India as Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced. Standard listing of debt securities under existing framework.

Compliance Requirements

  • Trading only in dematerialised form under specified ISIN
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise applicable
  • Trading members must use BSE debt segment for transactions

Important Dates

  • Listing Date: August 07, 2025
  • Allotment Date: August 06, 2025
  • Redemption Date: November 04, 2025
  • Tenure: Approximately 90 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. Provides short-term funding avenue for IOCL and investment opportunity for institutional investors in high-rated corporate debt with 90-day maturity.

Impact Justification

Routine commercial paper listing with standard trading terms