Description
BSE announces listing of Rs. 100 crore commercial paper issued by Jio Credit Limited on private placement basis.
Summary
BSE has listed new commercial paper worth Rs. 100 crore issued by Jio Credit Limited on private placement basis. The commercial paper has a face value of Rs. 5 lakh each with 2000 units listed under scrip code 730045.
Key Points
- Commercial paper of Rs. 5,00,000 face value each
- Total quantity: 2000 units (Rs. 100 crore)
- Issue price: Rs. 4,92,827 per unit
- Credit rating: CARE A1+, CRISIL A1+
- ISIN: INE282H14048
- Scrip code: 730045
- Trading only in dematerialized form
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
- Tick size: 1 paise
- ICICI Bank Ltd appointed as issuing and paying agent
Important Dates
- Allotment date: August 21, 2025
- Listing date: August 22, 2025
- Redemption date: November 14, 2025
- Tenure: 85 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for Jio Credit Limited and investment opportunity for institutional investors in the debt segment.
Impact Justification
Standard commercial paper listing with minimal market impact