Description
BSE announces listing of Rs. 250 crore Commercial Paper issued by Tata Housing Development Company Limited with 3-month maturity.
Summary
BSE has listed new Commercial Paper worth Rs. 250 crores issued by Tata Housing Development Company Limited on private placement basis, effective August 29, 2025. The instrument carries CARE A1+ and IND A1+ credit ratings with a 3-month maturity period.
Key Points
- Issue size: Rs. 250 crores (5,000 units of Rs. 5 lakh each)
- Issue price: Rs. 4,92,558 per unit (face value Rs. 5,00,000)
- Allotment date: August 28, 2025
- Redemption date: November 27, 2025
- Scrip code: 730115, ISIN: INE582L14IU0
- Credit rating: CARE A1+, IND A1+
- Issuing and Paying Agent: HDFC Bank
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise for trading
- Trading members must use specified ISIN number
Important Dates
- Allotment Date: August 28, 2025
- Listing Date: August 29, 2025
- Redemption Date: November 27, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The instrument provides investors with a 3-month investment option backed by Tata Housing’s credit profile and high credit ratings.
Impact Justification
Routine commercial paper listing with minimal market impact