Description
BSE announces listing of Rs. 560 crore Commercial Paper issued by Mindspace Business Parks REIT for trading in debt segment.
Summary
BSE has listed new Commercial Paper worth Rs. 560 crore issued by Mindspace Business Parks REIT on private placement basis. The securities are available for trading on BSE Debt segment with effect from August 25, 2025.
Key Points
- Commercial Paper of Rs. 5 lakh face value each, total 11,200 units
- Issue price: Rs. 4,85,965 per unit (discount to face value)
- Scrip Code: 730079, ISIN: INE0CCU14112
- Credit Rating: CRISIL A1+, ICRA A1+
- ICICI Bank Limited acts as Issuing and Paying Agent
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- Contact debt department for clarifications on specified phone numbers
Important Dates
- Allotment Date: August 22, 2025
- Trading Commencement: August 25, 2025
- Redemption Date: March 9, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing by a REIT. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness. The short-term nature (6-month tenure) makes it suitable for money market investors seeking quality short-term instruments.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact