Description
BSE announces listing of Mirae Asset Financial Services commercial paper worth Rs. 50 crores with maturity on December 8, 2025
Summary
BSE has listed new commercial paper issued by Mirae Asset Financial Services (India) Private Limited on private placement basis. The listing comprises 1000 units of Rs. 5 lakhs each, totaling Rs. 50 crores, with a CRISIL A1+ rating and maturity date of December 8, 2025.
Key Points
- Commercial paper of Rs. 5 lakhs each (1000 units) listed on BSE debt segment
- CRISIL A1+ credit rating
- Issue price: Rs. 4,90,905.50 per unit
- Maturity period: 98 days (September 1 to December 8, 2025)
- Trading in dematerialized form only under ISIN INE0JRU14263
- HDFC Bank Limited acts as Issuing and Paying Agent
Regulatory Changes
No regulatory changes announced. Standard listing procedures apply.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Allotment Date: September 1, 2025
- Listing Date: September 2, 2025
- Redemption Date: December 8, 2025
Impact Assessment
Minimal market impact expected. This is a routine commercial paper listing for short-term funding needs with high credit rating (A1+). The instrument provides institutional investors with a short-term investment option backed by strong credit quality.
Impact Justification
Routine commercial paper listing with standard terms, limited market impact