Description
BSE lists ₹25 crore commercial paper issue by Standard Chartered Securities with 6-month maturity and ICRA A1+ rating.
Summary
BSE has listed new commercial paper worth ₹25 crores issued by Standard Chartered Securities (India) Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 8, 2025.
Key Points
- Commercial paper denomination: ₹5,00,000 per unit
- Total quantity: 500 units (₹25 crores)
- Issue price: ₹4,83,806 per unit (discount to face value)
- Credit rating: ICRA A1+
- Scrip code: 729989 (SCSL80825)
- ISIN: INE472H14680
- Issuing and paying agent: HDFC Bank Ltd
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of ₹5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit
Important Dates
- Allotment date: August 8, 2025
- Trading commencement: August 8, 2025
- Redemption date: February 5, 2026
- Maturity period: ~6 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding for Standard Chartered Securities and offers investment opportunity for institutional investors in highly-rated debt securities.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact