Description
BSE lists new commercial paper securities of L&T Metro Rail (Hyderabad) Limited worth Rs. 635 crores on private placement basis.
Summary
BSE has listed new Commercial Paper securities issued by L&T Metro Rail (Hyderabad) Limited on private placement basis. The securities have a face value of Rs. 5 lakhs each with 12,700 units listed, representing a total issue size of Rs. 635 crores. The papers carry CRISIL A1+ and IND A1+ credit ratings.
Key Points
- 12,700 commercial paper units of Rs. 5 lakhs each listed on BSE Debt segment
- Issue price: Rs. 4,92,857.50 per unit (discount to face value)
- Credit rating: CRISIL A1+ and IND A1+
- Scrip Code: 729999, Scrip ID: LTMR080825
- ISIN: INE128M14AQ5
- State Bank of India acts as Issuing and Paying Agent
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Allotment Date: August 8, 2025
- Listing Date: August 11, 2025
- Redemption Date: November 3, 2025
Impact Assessment
Minimal market impact as this is a routine debt security listing. The commercial paper provides short-term funding for L&T Metro Rail (Hyderabad) Limited’s operations. The high credit ratings indicate good creditworthiness of the issuer.
Impact Justification
Routine debt security listing with limited market impact