Description
BSE announces listing of Rs. 100 crore commercial paper issued by Balrampur Chini Mills Ltd. with redemption date of October 30, 2025.
Summary
BSE has listed new Commercial Paper worth Rs. 100 crore issued by Balrampur Chini Mills Ltd. on private placement basis. The commercial paper carries face value of Rs. 5 lakh each with 2000 units, issued at Rs. 4,94,241 per unit and maturing on October 30, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each (2000 units totaling Rs. 100 crore)
- Issue price: Rs. 4,94,241 per unit (discount of Rs. 5,759)
- Scrip Code: 730053, ISIN: INE119A14872
- Credit Rating: CRISIL A1+, IND A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
- HDFC Bank Limited as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing procedure followed.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading allowed only in standard denomination of Rs. 5 lakhs and multiples
- Securities to be traded under specified ISIN number INE119A14872
Important Dates
- Allotment Date: August 20, 2025
- Listing Date: August 20, 2025
- Redemption Date: October 30, 2025
- Tenure: 71 days
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides Balrampur Chini Mills with short-term funding at competitive rates given the A1+ credit rating. Standard trading parameters ensure liquidity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with short 71-day tenure and standard trading parameters