Description
HDFC Securities Limited has listed new commercial paper worth Rs. 500 crores on BSE debt segment with 91-day maturity.
Summary
HDFC Securities Limited has listed new commercial paper worth Rs. 500 crores (10,000 units of Rs. 5 lakh each) on BSE debt segment. The commercial paper was issued on private placement basis with 91-day maturity period.
Key Points
- Commercial paper face value: Rs. 5,00,000 per unit
- Total quantity: 10,000 units (Rs. 500 crores)
- Issue price: Rs. 4,92,232 per unit
- Scrip code: 730049, ISIN: INE700G14PL2
- Credit rating: CARE A1+, ICRA A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- HDFC Bank Ltd acts as issuing and paying agent
Important Dates
- Allotment date: August 20, 2025
- Listing date: August 20, 2025
- Redemption date: November 19, 2025
- Maturity period: 91 days
Impact Assessment
Routine debt instrument listing with minimal market impact. The commercial paper provides short-term funding option for HDFC Securities and investment opportunity for institutional investors in highly-rated paper.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact