Description
BSE announces listing of Rs. 50 crore commercial paper by Mirae Asset Financial Services with 91-day maturity and CRISIL A1+ rating.
Summary
BSE has listed new commercial paper securities of Mirae Asset Financial Services (India) Private Limited worth Rs. 50 crore issued on private placement basis. The securities carry CRISIL A1+ rating and have a 91-day maturity period.
Key Points
- Commercial paper of Rs. 5,00,000 face value each (1000 units)
- Issue price: Rs. 4,91,544 per unit
- Total issue size: Rs. 50 crore
- Credit rating: CRISIL A1+
- Market lot: 1 unit
- Scrip code: 730048
- ISIN: INE0JRU14255
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- HDFC Bank Ltd serves as issuing and paying agent
Important Dates
- Allotment date: August 20, 2025
- Listing effective date: August 20, 2025
- Redemption date: November 19, 2025
- Maturity period: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding option for the issuer and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact