Description
BSE announces listing of Rs. 50 crore commercial paper issued by Mirae Asset Financial Services with 91-day maturity.
Summary
BSE has listed new commercial paper worth Rs. 50 crore issued by Mirae Asset Financial Services (India) Private Limited on private placement basis, effective August 20, 2025.
Key Points
- Commercial paper of Rs. 5 lakh denomination each (1000 units)
- Issue price: Rs. 4,91,544 per unit (face value Rs. 5 lakh)
- Credit rating: CRISIL A1+
- Market lot: 1 unit
- Scrip code: 730048
- ISIN: INE0JRU14255
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 applies
- HDFC Bank Ltd acts as issuing and paying agent
Important Dates
- Allotment date: August 20, 2025
- Redemption date: November 19, 2025
- Trading commencement: August 20, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing in the debt segment. The 91-day maturity instrument provides short-term funding for the issuer with no effect on equity markets.
Impact Justification
Routine commercial paper listing with no significant market impact