Description

BSE announces listing of Rs. 50 crores Commercial Paper by Mirae Asset Financial Services with 3-month maturity and CRISIL A1+ rating.

Summary

BSE has listed new Commercial Paper worth Rs. 50 crores issued by Mirae Asset Financial Services (India) Private Limited on private placement basis. The instrument carries CRISIL A1+ rating and has a 3-month maturity period.

Key Points

  • Commercial Paper denomination: Rs. 5,00,000 per unit
  • Total quantity: 1,000 units (Rs. 50 crores)
  • Scrip Code: 730048, ISIN: INE0JRU14255
  • Issue price: Rs. 4,91,544 per unit
  • Credit rating: CRISIL A1+
  • HDFC Bank Ltd acts as Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading only in dematerialized form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise for trading

Important Dates

  • Allotment Date: August 20, 2025
  • Trading Commencement: August 20, 2025
  • Redemption Date: November 19, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding. The CRISIL A1+ rating indicates high credit quality, providing investors with a safe short-term investment option.

Impact Justification

Routine commercial paper listing with standard terms and limited market impact