Description
BSE announces listing of CaratLane Trading's Commercial Paper worth Rs. 250 crores with ICRA A1+ rating, effective September 2, 2025.
Summary
BSE has announced the listing and admission to dealings of new Commercial Paper issued by CaratLane Trading Private Limited on a private placement basis. The securities comprise 5,000 units of Rs. 5,00,000 each, totaling Rs. 250 crores, with an ICRA A1+ credit rating. The instruments are listed on the BSE Debt segment effective September 2, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 each issued on private placement basis
- Total quantity: 5,000 units (Rs. 250 crores total value)
- Scrip Code: 730130, Scrip ID: CTPL010925
- ISIN Number: INE015Y14633
- Credit Rating: ICRA A1+ (highest short-term credit rating)
- Issue Price: Rs. 4,92,752 per unit
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes announced. This is a routine listing notification for debt securities on the BSE platform.
Compliance Requirements
- Trading members must note that securities will trade only in dematerialized form
- Trading shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
- Market lot size is 1 unit
- Tick size for the securities is 1 paise
- All transactions must be conducted through the BSE Debt segment
Important Dates
- Date of Allotment: September 1, 2025
- Listing Date: September 2, 2025
- Date of Redemption: December 1, 2025
- Tenure: 91 days (approximately 3 months)
Impact Assessment
The listing represents a routine debt market transaction with minimal market impact. The ICRA A1+ rating indicates highest safety regarding timely payment of principal and interest. The short 3-month tenure and high credit rating suggest this is a low-risk investment instrument primarily for institutional investors and treasury operations. CaratLane Trading, being part of the Titan/Tata group, adds credibility to the issuance.
Impact Justification
Routine listing of commercial paper with high credit rating, minimal market impact