Description
BSE lists Rs. 400 crore commercial paper issue by Bajaj Financial Securities Limited with 91-day tenure and CRISIL A1+/IND A1+ rating.
Summary
BSE has listed new commercial paper securities issued by Bajaj Financial Securities Limited on private placement basis. The issue comprises 8,000 units of Rs. 5 lakh each, totaling Rs. 400 crore, with a 91-day maturity period.
Key Points
- Issue size: Rs. 400 crore (8,000 units × Rs. 5 lakh each)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,92,177.50 per unit (discount of Rs. 7,822.50)
- Credit rating: CRISIL A1+ and IND A1+
- Scrip code: 730025, ISIN: INE01C314CI4
- Market lot: 1 unit, tick size: 1 paise
- Trading only in dematerialized form
- ICICI Bank Limited acts as issuing and paying agent
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities admitted to dealings on BSE Debt segment effective August 14, 2025
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 commercial paper listing. The high credit rating (A1+) indicates strong creditworthiness. The discount pricing suggests attractive yield for investors in the short-term debt market.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact