Description

BSE lists new commercial paper securities worth Rs. 635 crores issued by L&T Metro Rail (Hyderabad) Limited 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 are worth Rs. 5 lakhs each with 12,700 units totaling Rs. 635 crores, carrying CRISIL A1+ and IND A1+ credit ratings.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000 each
  • Quantity: 12,700 units
  • Total Value: Rs. 635 crores
  • Scrip Code: 729999
  • ISIN: INE128M14AQ5
  • Credit Rating: CRISIL A1+, IND A1+
  • Issue Price: Rs. 4,92,857.50 per unit
  • Trading in dematerialized form only
  • 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 must be in standard denomination of Rs. 5 lakhs and multiples
  • State Bank of India acts as Issuing and Paying agent

Important Dates

  • Allotment Date: August 8, 2025
  • Listing Date: August 11, 2025 (effective from today)
  • Redemption Date: November 3, 2025

Impact Assessment

Minimal market impact as this is a standard commercial paper listing for infrastructure financing. The short-term nature (3-month tenure) and high credit rating indicate low risk debt instrument for institutional investors.

Impact Justification

Standard commercial paper listing with no broader market implications