Description

BSE lists Rs. 1,300 crore commercial paper issue by Reliance Retail Ventures Limited with 3-month maturity.

Summary

BSE has listed new Commercial Paper securities of Reliance Retail Ventures Limited worth Rs. 1,300 crore issued on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 25, 2025.

Key Points

  • Issue size: 26,000 units of Rs. 5 lakh each (total Rs. 1,300 crore)
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,92,812.50 per unit (discount of Rs. 7,187.50)
  • Credit rating: CARE A1+, CRISIL A1+ (highest short-term rating)
  • ISIN: INE929O14DX2
  • Scrip code: 730077
  • 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 restricted to standard denomination of Rs. 5 lakhs and multiples
  • ICICI Bank Limited acts as Issuing and Paying Agent

Important Dates

  • Allotment date: August 22, 2025
  • Trading commencement: August 25, 2025
  • Redemption date: November 21, 2025
  • Maturity period: 91 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The high credit ratings (A1+) indicate strong creditworthiness of Reliance Retail Ventures Limited. Trading will be limited to institutional and high-net-worth investors due to high denomination requirements.

Impact Justification

Routine commercial paper listing with no market-wide implications