Description
BSE announces listing of new Commercial Paper worth Rs. 75 crores issued by Mahindra Lifespace Developers Ltd on private placement basis.
Summary
BSE has listed new Commercial Paper securities issued by Mahindra Lifespace Developers Ltd worth Rs. 75 crores (1500 units of Rs. 5 lakhs each) on private placement basis, effective from August 18, 2025.
Key Points
- Total issue size: Rs. 75 crores (1500 units of Rs. 5,00,000 each)
- Issue price: Rs. 4,92,510 per unit (discount to face value)
- Credit rating: IND A1+
- Scrip Code: 730033, ISIN: INE813A14359
- Issuing and Paying Agent: YES Bank Ltd
- Trading in dematerialized form only
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities in dematerialized form only
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Allotment Date: August 14, 2025
- Listing Date: August 18, 2025
- Redemption Date: November 13, 2025
- Tenure: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The short-term debt instrument provides additional funding avenue for Mahindra Lifespace Developers and offers investment option for institutional investors in the debt segment.
Impact Justification
Standard commercial paper listing with no broader market implications