Description
BSE announces listing of Rs 100 crore commercial paper issued by Axis Finance Limited on private placement basis.
Summary
BSE has listed new commercial paper worth Rs 100 crore issued by Axis Finance Limited on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from September 1, 2025.
Key Points
- Commercial paper of Rs 5,00,000/- each with quantity of 2000 units
- Total issue size: Rs 100 crore
- Scrip Code: 730121, ISIN: INE891K14PJ5
- Credit Rating: CRISIL A1+, IND A1+
- Issue price: Rs 4,92,531/- per unit
- Maturity period: 88 days (August 29, 2025 to November 25, 2025)
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities will trade only in dematerialized form
- Trading in standard denomination of Rs 5 lakhs and multiples thereof
- Tick size of 1 paise applies
- Axis Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: August 29, 2025
- Listing Date: September 1, 2025
- Redemption Date: November 25, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding option for Axis Finance Limited and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine debt instrument listing with no material impact on broader market operations