Description
BSE announces listing of Rs. 700 crore Commercial Paper issued by HDFC Securities Limited on private placement basis with 3-month tenure.
Summary
BSE has listed Commercial Paper worth Rs. 700 crores (14,000 units of Rs. 5 lakh each) issued by HDFC Securities Limited on private placement basis. The instruments are rated CARE A1+ and ICRA A1+ with a 3-month tenure from September 3, 2025 to December 3, 2025.
Key Points
- Total issue size: Rs. 700 crores (14,000 units of Rs. 5,00,000 each)
- Scrip Code: 730142, Scrip ID: HDFCS3925
- ISIN: INE700G14PQ1
- Issue price: Rs. 492,002.50 per unit
- Credit ratings: CARE A1+, ICRA A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
- Issuing and Paying Agent: HDFC Bank Ltd
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment
Important Dates
- Allotment Date: September 3, 2025
- Trading Commencement: September 3, 2025
- Redemption Date: December 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding avenue for HDFC Securities Limited and offers investment opportunity for debt market participants seeking high-rated short-term instruments.
Impact Justification
Routine commercial paper listing with no market disruption or regulatory changes