Description
BSE announces listing of Julius Baer Capital's Commercial Paper worth Rs. 200 crores with CRISIL A1+ and ICRA A1+ ratings, maturing on December 2, 2025.
Summary
BSE has listed Commercial Paper issued by Julius Baer Capital (India) Private Limited on a private placement basis. The listing comprises 4,000 units of Rs. 5 lakhs each, totaling Rs. 200 crores, with high credit ratings from CRISIL (A1+) and ICRA (A1+). The securities will mature on December 2, 2025, and are available for trading in the debt segment.
Key Points
- Total issue size: Rs. 200 crores (4,000 units × Rs. 5 lakhs each)
- Credit ratings: CRISIL A1+ and ICRA A1+ (highest short-term rating)
- Scrip Code: 730129, Scrip ID: JBC020925
- ISIN: INE824H14SH0
- Issue Price: Rs. 491,809.50 per unit (discount to face value)
- Maturity: December 2, 2025 (91-day tenure)
- HDFC Bank Ltd serves as Issuing and Paying Agent
Regulatory Changes
No regulatory changes announced. This is a standard debt instrument listing notification.
Compliance Requirements
- Trading members must note that securities will trade only in dematerialized form
- Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for the securities is set at 1 paise
- Market lot size is 1 unit
Important Dates
- Allotment Date: September 2, 2025
- Listing Date: September 2, 2025 (effective immediately)
- Redemption Date: December 2, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The high credit ratings (A1+) indicate strong creditworthiness and low default risk. The instrument provides short-term investment opportunities for institutional investors in the debt market. The 91-day tenure and competitive pricing offer liquidity management options for market participants.
Impact Justification
Routine debt instrument listing with no significant market impact