Description
BSE announces listing of BFSL Commercial Paper worth Rs. 400 crores with 91-day tenure and CRISIL A1+ rating.
Summary
BSE announces the listing of Commercial Paper issued by Bajaj Financial Securities Limited on private placement basis. The instrument worth Rs. 400 crores (8000 units of Rs. 5 lakh each) will be traded on BSE Debt segment with effect from August 14, 2025.
Key Points
- Issue size: Rs. 400 crores (8000 units of Rs. 5,00,000 each)
- Issue price: Rs. 4,92,177.50 per unit
- Credit rating: CRISIL A1+, IND A1+
- Scrip code: 730025, ISIN: INE01C314CI4
- Issuing and paying agent: ICICI Bank Limited
- Trading in dematerialised form only
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialised form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Important Dates
- Allotment date: August 13, 2025
- Listing date: August 14, 2025
- Redemption date: November 12, 2025
- Tenure: 91 days
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The Commercial Paper provides short-term funding option for Bajaj Financial Securities Limited and offers investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine debt instrument listing with no significant market impact