Description
BSE lists new Commercial Paper worth Rs. 400 crores issued by Jamnagar Utilities & Power Private Limited with 91-day maturity.
Summary
BSE has listed new Commercial Paper issued by Jamnagar Utilities & Power Private Limited on private placement basis. The issue comprises 8,000 units of Rs. 5 lakh each, totaling Rs. 400 crores, with a 91-day maturity period.
Key Points
- Issue size: 8,000 units of Rs. 5,00,000 each (total Rs. 400 crores)
- Issue price: Rs. 4,92,752 per unit (discount to face value)
- Credit rating: CARE A1+ and CRISIL A1+
- Scrip code: 730044, ISIN: INE936D14386
- Market lot: 1 unit, tick size: 1 paise
- Trading in dematerialized form only
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 19, 2025
- Redemption date: November 18, 2025
- Trading commencement: August 19, 2025
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding avenue for Jamnagar Utilities & Power Private Limited and investment option for institutional investors in BSE debt segment.
Impact Justification
Routine commercial paper listing with no broader market implications