Description
BSE announces listing of Rs. 450 crore commercial paper issue by Birla Group Holdings Private Limited with 3-month maturity.
Summary
BSE has listed new commercial paper securities issued by Birla Group Holdings Private Limited worth Rs. 450 crores (9,000 units of Rs. 5 lakhs each) on private placement basis, effective August 26, 2025.
Key Points
- Commercial paper issue of Rs. 450 crores (9,000 units of Rs. 5,00,000 each)
- Issue price: Rs. 4,92,062.50 per unit (discount to face value)
- Credit rating: CRISIL A1+ and ICRA A1+
- Trading in dematerialized form only under ISIN INE09OL14HT6
- Scrip code: 730086, Scrip ID: BGHP260825
- Axis Bank Limited appointed as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading denomination: Standard Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot size: 1 unit
Important Dates
- Allotment Date: August 26, 2025
- Trading Commencement: August 26, 2025
- Redemption Date: November 25, 2025
- Maturity Period: 3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing in the debt segment. The issue provides short-term funding for Birla Group Holdings Private Limited and offers investment opportunity for institutional investors seeking highly-rated short-term instruments.
Impact Justification
Routine commercial paper listing with standard terms and conditions