Description
New commercial paper worth Rs. 100 crores issued by SBICAP Securities Limited listed on BSE debt segment.
Summary
SBICAP Securities Limited has listed new commercial paper worth Rs. 100 crores on BSE debt segment through private placement. The securities will trade in dematerialized form with face value of Rs. 5 lakhs each.
Key Points
- Face value: Rs. 5,00,000 per unit
- Total quantity: 2,000 units (Rs. 100 crores)
- Issue price: Rs. 4,92,147 per unit
- Credit rating: CRISIL A1+, ICRA A1+
- Trading in standard denomination of Rs. 5 lakhs
- Tick size: 1 paise
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
- State Bank of India acts as Issuing and Paying agent
Important Dates
- Allotment date: August 25, 2025
- Listing date: August 26, 2025
- Redemption date: November 24, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The high credit ratings indicate low credit risk.
Impact Justification
Routine commercial paper listing with standard terms