Description
BSE announces listing of new Commercial Paper worth Rs. 50 crores by Tata Housing Development Company Limited for trading in debt segment.
Summary
BSE has listed new Commercial Paper issued by Tata Housing Development Company Limited on private placement basis. The securities worth Rs. 50 crores (1000 units of Rs. 5 lakhs each) are now available for trading in the BSE Debt segment with effect from August 28, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each
- Total quantity: 1000 units (Rs. 50 crores)
- Issue price: Rs. 4,92,583 per unit
- Credit rating: CARE A1+, IND A1+
- Scrip Code: 730102, ISIN: INE582L14IT2
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- HDFC Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: August 26, 2025
- Listing effective date: August 28, 2025
- Redemption date: November 25, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for a 3-month tenor. Provides additional short-term debt instrument option for investors in the BSE debt segment.
Impact Justification
Routine commercial paper listing with no broader market impact