Description
BSE announces listing of ₹70 crore Commercial Paper issued by HDFC Securities Limited on private placement basis.
Summary
BSE has listed new Commercial Paper worth ₹70 crore issued by HDFC Securities Limited on private placement basis, effective September 3, 2025. The instrument has a 3-month tenure with redemption scheduled for December 3, 2025.
Key Points
- Commercial Paper of ₹5 lakh denomination each
- Total quantity: 14,000 units (₹70 crore)
- Issue price: ₹4,92,002.50 per unit
- Credit rating: CARE A1+, ICRA A1+
- Scrip code: 730142, ISIN: INE700G14PQ1
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade only in dematerialized form
- Trading in standard denomination of ₹5 lakhs and multiples
- Tick size: 1 paise
- HDFC Bank Ltd acts as Issuing and Paying agent
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 debt instrument listing. Provides short-term funding option for HDFC Securities Limited with high credit ratings ensuring investor confidence.
Impact Justification
Routine commercial paper listing with no market-wide impact