Description
BSE announces listing of 3000 commercial papers worth Rs. 5 lakh each issued by 360 ONE Prime Limited on private placement basis.
Summary
360 ONE Prime Limited has listed 3000 commercial papers on BSE Debt segment through private placement. Each paper has a face value of Rs. 5 lakh, issued at Rs. 4,98,491 with maturity on August 28, 2025. HDFC Bank Limited serves as the issuing and paying agent.
Key Points
- 3000 commercial papers of Rs. 5 lakh each listed on BSE Debt segment
- Issue price: Rs. 4,98,491 per paper (discount to face value)
- Scrip Code: 730006, ISIN: INE248U14SB8
- Credit Rating: CRISIL A1+, ICRA A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakh and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakh and multiples
- Securities must be traded under specified ISIN number
Important Dates
- Listing Date: August 12, 2025
- Allotment Date: August 11, 2025
- Redemption Date: August 28, 2025
- Tenure: 17 days
Impact Assessment
Minimal market impact as this is a routine short-term commercial paper listing. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness. The short 17-day tenure suggests it’s for immediate working capital requirements.
Impact Justification
Routine commercial paper listing with short 17-day tenure and standard terms