Description
BSE announces listing of new commercial paper securities issued by Fedbank Financial Services Limited on private placement basis.
Summary
BSE has listed new commercial paper securities of Fedbank Financial Services Limited issued on private placement basis. Two tranches totaling Rs. 15 crores (3000 units of Rs. 5 lakhs each) are now available for trading on the BSE Debt segment.
Key Points
- Two commercial paper tranches listed: FFSL-21-11-25-CP (2000 units) and FFSL-24-11-25-CP (1000 units)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,91,785 per unit
- Credit ratings: CRISIL A1+ and ICRA A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded under specified ISIN numbers
Important Dates
- First tranche allotment: August 22, 2025
- First tranche redemption: November 21, 2025
- Second tranche allotment: August 25, 2025
- Second tranche redemption: November 24, 2025
- Trading effective: August 26, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt investment options for institutional investors in the 90-91 day maturity range.
Impact Justification
Routine commercial paper listing with no broader market implications