Description
BSE announces listing of Godrej Finance Limited's Commercial Paper worth Rs. 22.5 crores for trading on debt segment.
Summary
BSE has listed new Commercial Paper issued by Godrej Finance Limited on private placement basis worth Rs. 22.5 crores (4,500 units of Rs. 5 lakhs each). The securities are admitted for trading on BSE Debt segment effective August 22, 2025.
Key Points
- Commercial Paper quantity: 4,500 units of Rs. 5,00,000 each
- Total issue size: Rs. 22.5 crores
- Issue price: Rs. 4,92,050.50 per unit
- Credit rating: CRISIL A1+, ICRA A1+
- ISIN: INE02KN14572
- Scrip Code: 730075
- Market lot: 1 unit
- Trading denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Limited serves as Issuing and Paying Agent
Important Dates
- Allotment date: August 22, 2025
- Trading commencement: August 22, 2025
- Redemption date: November 21, 2025
- Tenure: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding avenue for Godrej Finance Limited and investment option for debt market participants. The high credit ratings (A1+) indicate low credit risk for investors.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact