Description
BSE announces listing of HDFC Securities' commercial paper worth Rs. 25 crores with 91-day maturity period, rated CARE A1+ and ICRA A1+.
Summary
BSE has listed new commercial paper issued by HDFC Securities Limited on private placement basis. The listing comprises 5,000 units of Rs. 5 lakhs face value each, totaling Rs. 25 crores, with maturity on December 2, 2025. The securities carry top credit ratings of CARE A1+ and ICRA A1+ and will trade in dematerialized form only.
Key Points
- Total issue size: Rs. 25 crores (5,000 units × Rs. 5 lakhs each)
- Scrip Code: 730131, Scrip ID: HSL020925
- ISIN: INE700G14PO6
- Issue Price: Rs. 4,92,024 per unit (discount to face value)
- Maturity period: 91 days (September 2 to December 2, 2025)
- Credit ratings: CARE A1+ and ICRA A1+ (highest short-term ratings)
- Issuing and Paying Agent: HDFC Bank Ltd
Regulatory Changes
No regulatory changes announced. This is a routine listing notification for a new debt security.
Compliance Requirements
- Trading members must note securities will trade only in dematerialized form
- Standard trading denomination: Rs. 5 lakhs and multiples thereof
- Market lot size: 1 unit
- Tick size for trading: 1 paise
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 short-term commercial paper issuance. The instrument provides institutional investors with a highly-rated short-term investment option with 91-day maturity. The top credit ratings (A1+) indicate minimal credit risk for investors.
Impact Justification
Routine commercial paper listing with short 91-day tenure, minimal market impact