Description
BSE lists new commercial paper worth Rs. 485 crores issued by L&T Metro Rail (Hyderabad) Limited for trading on debt segment.
Summary
BSE has listed new commercial paper securities issued by L&T Metro Rail (Hyderabad) Limited on private placement basis. The securities are worth Rs. 5 lakh each with 9,700 units totaling Rs. 485 crores, effective from August 26, 2025.
Key Points
- Commercial paper issued on private placement basis
- Face value: Rs. 5,00,000 per unit
- Total quantity: 9,700 units (Rs. 485 crores)
- Issue price: Rs. 4,93,424.50 per unit
- Credit rating: CRISIL A1+, IND A1+
- Scrip code: 730085
- ISIN: INE128M14AR3
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- State Bank of India acts as Issuing and Paying agent
Important Dates
- Allotment date: August 25, 2025
- Trading commencement: August 26, 2025
- Redemption date: November 13, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for L&T Metro Rail (Hyderabad) Limited with 80-day tenor. Standard trading parameters apply with dematerialized trading requirement.
Impact Justification
Routine commercial paper listing with standard terms