Description
BSE announces listing of Rs 50 crore Commercial Paper issued by Can Fin Homes Ltd on private placement basis with CARE A1+ and ICRA A1+ ratings.
Summary
BSE has listed new Commercial Paper worth Rs 50 crore issued by Can Fin Homes Ltd on private placement basis. The securities are rated CARE A1+ and ICRA A1+ and will be traded in dematerialized form only.
Key Points
- Commercial Paper of Rs 5,00,000/- each (10,000 units)
- Issue price: Rs 492,727.50/- per unit
- Face value: Rs 5,00,000/-
- Credit ratings: CARE A1+ and ICRA A1+
- Scrip Code: 730024
- ISIN: INE477A14EA7
- Trading in standard denomination of Rs 5 lakhs and multiples
- Tick size: 1 paise
- HDFC Bank Ltd as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs 5 lakhs and multiples thereof
- Securities to be traded under specified ISIN number
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 additional short-term funding avenue for Can Fin Homes Ltd with high credit ratings indicating low risk.
Impact Justification
Routine commercial paper listing with no broader market implications