Description
BSE lists ₹400 crore Commercial Paper issuance by ONGC Petro additions Limited with 90-day maturity.
Summary
BSE has listed Commercial Paper worth ₹400 crore issued by ONGC Petro additions Limited on private placement basis. The securities are traded in dematerialized form with a face value of ₹5 lakh each and carry CRISIL A1+ and IND A1+ credit ratings.
Key Points
- 8,000 Commercial Papers of ₹5 lakh each listed (total ₹400 crore)
- Issue price: ₹4,85,659 per security (discount to face value)
- Maturity period: 90 days (22 Aug 2025 to 20 Nov 2025)
- Credit rating: CRISIL A1+, IND A1+
- ISIN: INE163N14568, Scrip Code: 730076
- ICICI Bank Ltd appointed as Issuing and Paying Agent
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of ₹5 lakhs and multiples
- Tick size set at 1 paise for price movements
- Trading members to contact debt department for clarifications
Important Dates
- Allotment Date: 22 August 2025
- Trading Commencement: 22 August 2025
- Redemption Date: 20 November 2025
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The high credit rating (A1+) indicates low credit risk. The discount pricing suggests competitive market rates for 90-day commercial paper from AAA-rated issuers.
Impact Justification
Routine commercial paper listing with no broader market implications