Description
BSE announces listing of Rs. 50 crore Commercial Paper by Tata Housing Development Company Limited with 3-month tenure and CARE A1+ rating.
Summary
BSE has listed new Commercial Paper issued by Tata Housing Development Company Limited on private placement basis. The instrument is worth Rs. 50 crores (1000 units of Rs. 5 lakhs each) with a 3-month tenure from August 26, 2025 to November 25, 2025.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000 each
- Total Issue Size: Rs. 50 crores (1000 units)
- Issue Price: Rs. 4,92,583 per unit
- Face Value: Rs. 5,00,000 per unit
- Credit Rating: CARE A1+, IND A1+
- Scrip Code: 730102
- ISIN: INE582L14IT2
- Market Lot: 1 unit
- Trading in dematerialised form only
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing process followed.
Compliance Requirements
- Trading members must trade securities only in dematerialised form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size is 1 paise
- HDFC Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 26, 2025
- Trading Commencement: August 28, 2025
- Redemption Date: November 25, 2025
- Tenure: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing in the debt segment. The instrument provides short-term funding for Tata Housing Development Company Limited and offers investment opportunity for institutional investors in highly-rated commercial paper.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact