Description
BSE lists new commercial paper of Rs. 50 crore by Mirae Asset Financial Services with CRISIL A1+ rating for trading on debt segment.
Summary
BSE has listed new commercial paper issued by Mirae Asset Financial Services (India) Private Limited worth Rs. 50 crore on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 20, 2025.
Key Points
- Issue size: 1000 securities of Rs. 5,00,000 each (Rs. 50 crore total)
- Credit rating: CRISIL A1+
- Issue price: Rs. 4,91,544 per security
- Redemption date: November 19, 2025
- Trading lot: Standard denomination of Rs. 5 lakhs and multiples
- ISIN: INE0JRU14255
- Scrip Code: 730048
Regulatory Changes
No regulatory changes mentioned.
Compliance Requirements
- Securities will be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size is 1 paise
- HDFC Bank Ltd acts as Issuing and Paying agent
Important Dates
- Listing date: August 20, 2025
- Allotment date: August 20, 2025
- Redemption date: November 19, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The short-term nature (3-month tenure) and private placement basis indicates standard corporate funding activity with limited broader market implications.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact