Description
BSE announces listing of Rs. 350 crore Commercial Paper by IGH Holdings Private Limited on debt segment with 3-month maturity.
Summary
BSE has listed new Commercial Paper issued by IGH Holdings Private Limited on private placement basis. The instrument worth Rs. 350 crores (7,000 units of Rs. 5 lakh each) will trade on the BSE Debt segment with maturity date of December 3, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000/- each, total 7,000 units
- Issue price: Rs. 4,91,785/- per unit (discount to face value)
- Credit ratings: CARE A1+ and CRISIL A1+
- ISIN: INE02FN14630, Scrip Code: 730132
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- Axis Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 3, 2025
- Trading Start Date: September 3, 2025
- Redemption Date: December 3, 2025
- Maturity Period: 3 months
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The Commercial Paper adds to the debt market liquidity and provides short-term investment option for institutional investors. No impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing with no broader market implications