Description
BSE announces listing of Rs. 100 crore Commercial Paper issued by SBICAP Securities Limited with 91-day tenure and CRISIL A1+/ICRA A1+ rating.
Summary
BSE has listed new Commercial Paper worth Rs. 100 crore issued by SBICAP Securities Limited on private placement basis. The instrument carries CRISIL A1+ and ICRA A1+ ratings with a 91-day tenure from August 28, 2025 to November 27, 2025.
Key Points
- Commercial Paper of Rs. 5 lakh denomination each, totaling 2000 units
- Issue price: Rs. 492,171.50 per unit (face value Rs. 500,000)
- Scrip Code: 730113, ISIN: INE212K14BZ0
- Credit Rating: CRISIL A1+, ICRA A1+
- State Bank of India acts as Issuing and Paying Agent
- Trading only in dematerialized form with Rs. 5 lakh standard denomination
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Must use specified ISIN number INE212K14BZ0
Important Dates
- Allotment Date: August 28, 2025
- Trading Commencement: August 29, 2025
- Redemption Date: November 27, 2025
- Tenure: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding avenue for SBICAP Securities and investment option for debt market participants. High credit ratings indicate low default risk.
Impact Justification
Standard commercial paper listing with minimal market impact