Description
BSE announces listing of Rs. 100 crore Commercial Paper issued by SBICAP Securities Limited with 91-day maturity.
Summary
BSE has listed new Commercial Paper worth Rs. 100 crore issued by SBICAP Securities Limited on private placement basis, effective August 29, 2025. The instruments carry CRISIL A1+ and ICRA A1+ ratings with 91-day maturity.
Key Points
- Commercial Paper of Rs. 5 lakh denomination each (2000 units)
- Total issue size: Rs. 100 crore
- Issue price: Rs. 4,92,171.50 per unit (face value Rs. 5 lakh)
- Scrip Code: 730113, ISIN: INE212K14BZ0
- Credit ratings: CRISIL A1+ and ICRA A1+
- State Bank of India acting as Issuing and Paying Agent
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
- Maturity Period: 91 days
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The high credit ratings (A1+) indicate low credit risk. Trading will be limited to institutional investors due to high denomination requirements.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact