Description
BSE announces listing of Rs. 100 crore Commercial Paper issued by Sharekhan Limited on private placement basis.
Summary
BSE has listed new Commercial Paper worth Rs. 100 crore issued by Sharekhan Limited on private placement basis. The securities are admitted to trading on BSE Debt segment effective August 11, 2025.
Key Points
- Face value: Rs. 5,00,000 per unit
- Total quantity: 2,000 units
- Issue price: Rs. 4,91,873.97 per unit
- Credit rating: CARE A1+, ICRA A1+
- ISIN: INE211H14AD7
- Scrip code: 729991
- Market lot: 1 unit
- Trading denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading allowed only in standard denomination of Rs. 5 lakhs and multiples
- HDFC Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment date: August 8, 2025
- Trading commencement: August 11, 2025
- Redemption date: November 6, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing for short-term funding purposes. The commercial paper has a tenure of approximately 3 months and is backed by strong credit ratings.
Impact Justification
Routine commercial paper listing with no market-wide implications