Description
360 ONE WAM LIMITED has listed new commercial paper worth Rs. 275 crores on BSE debt segment with 91-day maturity period.
Summary
360 ONE WAM LIMITED has successfully listed new commercial paper securities on BSE’s debt segment. The listing includes 5,500 units of commercial paper issued on private placement basis, each with a face value of Rs. 5 lakh, totaling Rs. 275 crores.
Key Points
- Commercial paper issued on private placement basis worth Rs. 275 crores
- Face value of Rs. 5,00,000 per unit with 5,500 units listed
- Issue price: Rs. 4,91,508 per unit (discount to face value)
- Credit rating: CARE A1+ and ICRA A1+ (highest short-term rating)
- Trading in dematerialized form only under ISIN INE466L14EU5
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard debt instrument listing.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- HDFC Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 26, 2025
- Listing Date: August 28, 2025 (effective from today)
- Redemption Date: November 25, 2025
- Maturity Period: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The high credit ratings (A1+ from both CARE and ICRA) indicate strong creditworthiness of 360 ONE WAM LIMITED. The 91-day maturity provides short-term funding option for the issuer and investment avenue for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide impact