Description
New commercial paper worth Rs. 635 crores listed on BSE debt segment for L&T Metro Rail Hyderabad with 87-day maturity period.
Summary
BSE has listed new commercial paper issued by L&T Metro Rail (Hyderabad) Limited on private placement basis. The issue consists of 12,700 papers of Rs. 5 lakh each, totaling Rs. 635 crores, with a maturity period of 87 days.
Key Points
- Commercial paper denomination: Rs. 5,00,000 each
- Total quantity: 12,700 papers (Rs. 635 crores total)
- Issue price: Rs. 4,92,857.50 per paper
- Credit rating: CRISIL A1+, IND A1+
- ISIN: INE128M14AQ5
- Scrip code: 729999
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- State Bank of India acts as issuing and paying agent
Important Dates
- Allotment date: August 8, 2025
- Trading effective date: August 11, 2025
- Redemption date: November 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for infrastructure financing. The short-term nature (87 days) and private placement basis limits broader market implications.
Impact Justification
Standard commercial paper listing with no market-wide implications