Description
New commercial paper securities of Rs. 5 lakh denomination issued by Godrej Finance Limited listed on BSE debt segment for trading.
Summary
Godrej Finance Limited has listed new commercial paper securities worth Rs. 100 crore (2000 units of Rs. 5 lakh each) on BSE’s debt segment effective August 21, 2025. The securities are issued on private placement basis with 3-month maturity.
Key Points
- Commercial paper denomination: Rs. 5,00,000 per unit
- Total quantity: 2000 units (Rs. 100 crore)
- Issue price: Rs. 4,92,050.50 per unit
- Credit rating: CRISIL A1+, ICRA A1+
- Scrip code: 730057, Scrip ID: GFL21825
- ISIN: INE02KN14598
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
- ICICI Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment date: August 21, 2025
- Redemption date: November 20, 2025
- Trading commencement: August 21, 2025
Impact Assessment
Routine debt instrument listing with minimal market impact. Provides short-term financing option for Godrej Finance Limited and investment opportunity for institutional investors in highly-rated commercial paper.
Impact Justification
Routine commercial paper listing with no broader market impact