Description
BSE lists new commercial paper worth Rs. 1,425 crores issued by Reliance Retail Ventures Limited with 91-day tenure.
Summary
BSE has listed new commercial paper issued by Reliance Retail Ventures Limited on private placement basis. The issue comprises 28,500 units of Rs. 5 lakh each, totaling Rs. 1,425 crores, with a tenure of 91 days and CARE A1+ and CRISIL A1+ ratings.
Key Points
- Commercial paper of Rs. 5,00,000 face value each listed on BSE Debt segment
- Total quantity: 28,500 units (Rs. 1,425 crores)
- Issue price: Rs. 4,92,727.50 per unit
- Credit ratings: CARE A1+ and CRISIL A1+
- ISIN: INE929O14DT0
- Scrip Code: 730029
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: August 13, 2025
- Trading commencement: August 14, 2025
- Redemption date: November 12, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides short-term funding avenue for Reliance Retail Ventures Limited and investment option for institutional investors seeking high-rated commercial paper with 91-day maturity.
Impact Justification
Routine commercial paper listing with no market-wide implications