Description
BSE lists new commercial paper worth Rs. 100 crores issued by Balrampur Chini Mills Ltd. on private placement basis.
Summary
BSE has listed new commercial paper securities of Balrampur Chini Mills Ltd. worth Rs. 100 crores (2000 units of Rs. 5 lakh each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 20, 2025.
Key Points
- Commercial Paper quantity: 2000 units of Rs. 5,00,000 each
- Total issue size: Rs. 100 crores
- Issue price: Rs. 4,94,241 per unit (discount to face value)
- Credit rating: CRISIL A1+, IND A1+
- Scrip Code: 730053, Scrip ID: BCML200825
- ISIN: INE119A14872
- Trading only in dematerialized form
- 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 thereof
- HDFC Bank Limited appointed as Issuing and Paying agent
Important Dates
- Allotment Date: August 20, 2025
- Trading Commencement: August 20, 2025
- Redemption Date: October 30, 2025
- Tenor: 71 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding avenue for Balrampur Chini Mills Ltd. and investment opportunity for institutional investors in highly-rated paper with 71-day maturity.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact