Description
BSE lists new commercial paper worth Rs. 200 crores issued by Bajaj Financial Securities Limited on private placement basis.
Summary
BSE has listed new commercial paper worth Rs. 200 crores (4000 units of Rs. 5 lakhs each) issued by Bajaj Financial Securities Limited on private placement basis. The instruments carry CRISIL A1+ and IND A1+ credit ratings and will mature on November 20, 2025.
Key Points
- 4000 commercial paper units of Rs. 5,00,000 each listed on BSE Debt segment
- Issue price: Rs. 4,92,171.50 per unit (discount to face value)
- Credit rating: CRISIL A1+ and IND A1+
- ISIN: INE01C314CK0, Scrip Code: 730072
- ICICI Bank Limited acts as Issuing and Paying Agent
- Trading only in dematerialized form with tick size of 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
- Standard BSE debt segment trading rules apply
Important Dates
- Allotment Date: August 21, 2025
- Trading Commencement: August 22, 2025
- Redemption Date: November 20, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The short-term nature (3-month tenure) and private placement basis limit broader market implications. The high credit ratings indicate low credit risk for investors.
Impact Justification
Routine commercial paper listing with no significant market impact