Description
BSE lists new Rs. 30 crore commercial paper issue by Time Technoplast Limited with 6-month maturity and CRISIL A1+/ICRA A1+ rating.
Summary
BSE has listed new commercial paper worth Rs. 30 crores issued by Time Technoplast Limited on private placement basis, effective August 11, 2025. The papers carry face value of Rs. 5 lakh each with 6-month maturity period.
Key Points
- 600 commercial paper units of Rs. 5,00,000 each (total Rs. 30 crores)
- Issue price: Rs. 4,81,434 per unit (discount to face value)
- Credit rating: CRISIL A1+ and ICRA A1+
- Scrip Code: 729996, ISIN: INE508G14HX1
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples thereof
- IDBI Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 11, 2025
- Trading Start: August 11, 2025
- Redemption Date: February 11, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing by Time Technoplast Limited for short-term funding needs. The high credit ratings (A1+) indicate low credit risk for investors.
Impact Justification
Routine commercial paper listing with no market-wide implications