Description
BSE announces listing of Rs. 525 crore Commercial Paper issued by Jio Credit Limited for trading on debt segment.
Summary
BSE has listed new Commercial Paper worth Rs. 525 crore issued by Jio Credit Limited on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 20, 2025.
Key Points
- Commercial Paper of Rs. 5 lakh face value each, total 10,500 units
- Scrip Code: 730045, ISIN: INE282H14048
- Issue price: Rs. 4,92,660.50 per unit (discount to face value)
- Credit Rating: CARE A1+, CRISIL A1+ (highest short-term rating)
- ICICI Bank Ltd acts as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Allotment Date: August 19, 2025
- Trading Start Date: August 20, 2025
- Redemption Date: November 14, 2025
- Tenure: 87 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for Jio Credit Limited and investment opportunity for debt market participants. The high credit ratings indicate low credit risk for investors.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact