Description
BSE lists two new Commercial Paper issues of 360 ONE Prime Limited worth Rs. 10 crores and Rs. 30 crores respectively.
Summary
BSE has listed two new Commercial Paper issues of 360 ONE Prime Limited on private placement basis. The first issue comprises 2,000 units of Rs. 5 lakh each (total Rs. 10 crores) maturing on November 19, 2025. The second issue comprises 6,000 units of Rs. 5 lakh each (total Rs. 30 crores) maturing on November 18, 2025. Both issues carry CRISIL A1+ and ICRA A1+ ratings.
Key Points
- Two Commercial Paper issues totaling Rs. 40 crores listed on BSE Debt segment
- Issue 1: 2,000 units of Rs. 5 lakh each, ISIN INE248U14SD4, maturing November 19, 2025
- Issue 2: 6,000 units of Rs. 5 lakh each, ISIN INE248U14SC6, maturing November 18, 2025
- Both issues rated CRISIL A1+ and ICRA A1+ indicating highest credit quality
- HDFC Bank Limited appointed as Issuing and Paying Agent
- Trading only in dematerialized form with tick size of 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities must be traded under the specified ISIN numbers
Important Dates
- Allotment Date: August 19, 2025
- Trading Commencement: August 20, 2025
- Redemption Date (Issue 1): November 19, 2025
- Redemption Date (Issue 2): November 18, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The high credit ratings (A1+) indicate low credit risk. The short-term nature (3-month tenor) and private placement basis limit broader market implications. Trading members gain access to additional short-term debt instruments for portfolio diversification.
Impact Justification
Routine commercial paper listing with no market-wide implications