Description
BSE lists new commercial paper worth Rs. 475 crores issued by Bajaj Financial Securities Limited with 91-day maturity.
Summary
BSE has listed new commercial paper issued by Bajaj Financial Securities Limited on private placement basis. The issue comprises 9,500 units of Rs. 5 lakh each, totaling Rs. 475 crores, with a 91-day maturity period.
Key Points
- Commercial Paper worth Rs. 475 crores (9,500 units × Rs. 5 lakhs each)
- Issue price: Rs. 4,92,173.52 per unit (face value Rs. 5,00,000)
- Credit rating: CRISIL A1+, IND A1+
- Scrip Code: 730034, ISIN: INE01C314CJ2
- 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 in standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 14, 2025
- Trading Commencement: August 18, 2025
- Redemption Date: November 13, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding avenue for Bajaj Financial Securities Limited and investment option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide impact