Description
BSE lists Rs. 400 crore commercial paper issue by IGH Holdings Private Limited with 91-day tenure and CARE A1+/CRISIL A1+ rating.
Summary
BSE has listed new commercial paper securities of IGH Holdings Private Limited worth Rs. 400 crores issued on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 22, 2025.
Key Points
- Commercial paper of Rs. 5,00,000/- each with quantity of 8,000 units
- Total issue size: Rs. 400 crores
- Scrip Code: 730069, Scrip ID: IHPL220825
- ISIN: INE02FN14614
- Credit Rating: CARE A1+, CRISIL A1+
- Issue Price: Rs. 4,91,930/- per unit
- Tenure: 91 days (August 22, 2025 to November 21, 2025)
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities to be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit
Important Dates
- Allotment Date: August 22, 2025
- Trading Commencement: August 22, 2025
- Redemption Date: November 21, 2025
Impact Assessment
Minimal market impact as this is a routine private placement listing of short-term commercial paper. The high credit rating (A1+) indicates strong creditworthiness of the issuer. Trading will be limited to institutional and high net worth investors due to the high denomination requirement.
Impact Justification
Routine commercial paper listing with no market-wide implications