Description

BSE lists new Commercial Paper of Axis Finance Limited worth Rs. 125 crores for trading on debt segment.

Summary

BSE has listed new Commercial Paper issued by Axis Finance Limited on private placement basis. The securities are worth Rs. 5 lakhs each with 2500 units totaling Rs. 125 crores, and will be traded on BSE Debt segment.

Key Points

  • Commercial Paper of Rs. 5,00,000 face value each
  • Total quantity: 2500 units (Rs. 125 crores)
  • Issue price: Rs. 4,92,268 per unit
  • Credit rating: CRISIL A1+, IND A1+
  • ISIN: INE891K14PH9
  • Scrip Code: 730071
  • Trading in dematerialized form only
  • Standard 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 limited to standard denomination of Rs. 5 lakhs and multiples
  • Issuing and Paying agent: Axis Bank Limited

Important Dates

  • Allotment date: August 21, 2025
  • Listing effective: August 22, 2025
  • Redemption date: November 20, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt instrument for institutional investors in the debt segment.

Impact Justification

Standard commercial paper listing with limited market impact