Description
BSE announces listing of IGH Holdings Private Limited's commercial paper worth Rs. 150 crores with CARE A1+ and CRISIL A1+ ratings.
Summary
BSE has listed new Commercial Paper securities of IGH Holdings Private Limited on its Debt segment effective August 14, 2025. The issue consists of 3,000 securities of Rs. 5 lakh each, totaling Rs. 150 crores, issued on private placement basis.
Key Points
- Commercial Paper of Rs. 5,00,000/- each (3,000 quantity)
- Total issue size: Rs. 150 crores
- Issue price: Rs. 491,978 per security
- Scrip Code: 730021, ISIN: INE02FN14606
- Credit ratings: CARE A1+ and CRISIL A1+
- Maturity period: 3 months (November 13, 2025)
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities will trade only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size set at 1 paise
- Axis Bank Limited appointed as Issuing and Paying Agent
Important Dates
- Allotment Date: August 14, 2025
- Listing Date: August 14, 2025
- Redemption Date: November 13, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding option for IGH Holdings Private Limited with high credit ratings indicating low credit risk.
Impact Justification
Routine commercial paper listing with no broad market impact