Description
BSE lists two new commercial paper issues by HDFC Securities Limited totaling Rs. 365 crores with 3-month tenure.
Summary
BSE has listed two new commercial paper issues by HDFC Securities Limited on its debt segment effective August 28, 2025. The issues comprise 4,300 and 3,000 units respectively, each with a face value of Rs. 5 lakhs, totaling approximately Rs. 365 crores.
Key Points
- Two commercial paper issues listed on BSE debt segment
- Issue 1: 4,300 units (ISIN: INE700G14PM0) allotted on August 26, 2025, maturing November 25, 2025
- Issue 2: 3,000 units (ISIN: INE700G14PN8) allotted on August 28, 2025, maturing November 27, 2025
- Both issues have CARE A1+ and ICRA A1+ credit ratings
- HDFC Bank Ltd acts as issuing and paying agent for both instruments
- Trading in dematerialized form only with Rs. 5 lakhs standard denomination
- Tick size set at 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 must be traded under specified ISIN numbers
Important Dates
- Listing Date: August 28, 2025
- Issue 1 Allotment: August 26, 2025
- Issue 1 Redemption: November 25, 2025
- Issue 2 Allotment: August 28, 2025
- Issue 2 Redemption: November 27, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt instruments for institutional investors with approximately 3-month tenure. No significant operational changes required for trading members beyond standard debt trading procedures.
Impact Justification
Routine commercial paper listing with no broader market implications