Description
UGRO Capital Limited's new Commercial Paper worth Rs. 25 crores listed on BSE Debt segment with 90-day maturity period.
Summary
UGRO Capital Limited has listed new Commercial Paper worth Rs. 25 crores (500 units of Rs. 5 lakh each) on BSE Debt segment. The securities are issued on private placement basis with IND A1+ credit rating and will mature on November 27, 2025.
Key Points
- Commercial Paper issue of Rs. 25 crores (500 units of Rs. 5,00,000 each)
- Credit Rating: IND A1+
- Issue Price: Rs. 4,89,027 per unit (discount to face value)
- Face Value: Rs. 5,00,000 per unit
- Scrip Code: 730123, ISIN: INE583D14659
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples thereof
- Yes Bank Limited serves as Issuing and Paying Agent
Important Dates
- Allotment Date: August 29, 2025
- Trading Commencement: September 1, 2025
- Redemption Date: November 27, 2025
- Maturity Period: 90 days
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides UGRO Capital with short-term funding at competitive rates given the A1+ rating. Standard trading parameters apply with no special conditions or restrictions.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact