Description
BSE announces listing of ₹100 crore commercial paper by Balrampur Chini Mills Ltd. with CRISIL A1+/IND A1+ rating.
Summary
BSE announces the listing of new commercial paper issued by Balrampur Chini Mills Ltd. on private placement basis. The instrument worth ₹100 crore (2000 units of ₹5 lakh each) carries CRISIL A1+ and IND A1+ credit ratings and will mature on October 30, 2025.
Key Points
- Commercial paper of ₹5,00,000 face value each (2000 units total)
- Issue price: ₹4,94,241 per unit
- Credit rating: CRISIL A1+ and IND A1+
- ISIN: INE119A14872
- Scrip code: 730053
- Trading only in dematerialized form
- Standard denomination: ₹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 ₹5 lakhs and multiples thereof
- HDFC Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: August 20, 2025
- Listing effective: August 20, 2025
- Redemption date: October 30, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for Balrampur Chini Mills and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide impact