Description
BSE announces listing of ₹125 crore commercial paper issue by Dalmia Cement (Bharat) Limited with 3-month tenure.
Summary
BSE has listed new commercial paper worth ₹125 crore issued by Dalmia Cement (Bharat) Limited on private placement basis. The commercial paper carries CRISIL A1+ and IND A1+ ratings with a 3-month tenure from August 25, 2025 to November 21, 2025.
Key Points
- Commercial paper denomination: ₹5,00,000 per unit
- Total quantity: 2,500 units (₹125 crore total)
- Issue price: ₹4,92,952.50 per unit (discount to face value)
- Credit rating: CRISIL A1+, IND A1+
- Scrip code: 730084
- ISIN: INE755K14FM7
- Market lot: 1 unit
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of ₹5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- IDBI Bank Ltd acts as issuing and paying agent
Important Dates
- Allotment date: August 25, 2025
- Listing effective: August 26, 2025
- Redemption date: November 21, 2025
- Tenure: 88 days (approximately 3 months)
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides Dalmia Cement with short-term funding at competitive rates given the high credit ratings. Trading will be limited to institutional investors due to high denomination requirements.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact