Description

New commercial paper of Rs. 5 lakhs each listed on BSE debt segment for GIC Housing Finance Ltd.

Summary

GIC Housing Finance Ltd. has listed new commercial paper securities worth Rs. 15 crores (3,000 units of Rs. 5 lakhs each) on BSE’s debt segment. The commercial papers are issued on private placement basis with maturity on May 22, 2026.

Key Points

  • 3,000 commercial paper units of Rs. 5,00,000 each listed
  • Scrip Code: 730019, ISIN: INE289B14JV9
  • Issue price: Rs. 4,75,042.50 per unit
  • Credit rating: CRISIL A1+, ICRA A1+
  • Allotment date: August 13, 2025
  • Trading in dematerialized form only
  • Standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
  • HDFC Bank Ltd. acts as Issuing and Paying agent

Important Dates

  • Listing effective: August 14, 2025
  • Allotment date: August 13, 2025
  • Redemption date: May 22, 2026

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The high credit ratings (A1+) indicate low credit risk. The 9-month tenure provides short-term debt instrument option for investors.

Impact Justification

Routine commercial paper listing with no significant market impact