Description
BSE lists new commercial paper issued by Bajaj Financial Securities Limited worth Rs. 125 crores with maturity date of September 25, 2025.
Summary
BSE has listed new commercial paper issued by Bajaj Financial Securities Limited on private placement basis. The instrument has a face value of Rs. 5 lakhs each with 2,500 units totaling Rs. 125 crores, maturing on September 25, 2025.
Key Points
- Commercial paper of Rs. 5,00,000/- each with quantity of 2,500 units
- Scrip Code: 730138, ISIN: INE01C314CM6
- Issue price: Rs. 498,041.50 per unit
- Credit rating: CRISIL A1+, IND A1+
- ICICI Bank Limited serves as issuing and paying agent
- Trading in dematerialized form only with standard denomination of Rs. 5 lakhs
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Allotment date: September 2, 2025
- Listing effective date: September 3, 2025
- Redemption date: September 25, 2025
Impact Assessment
Minimal market impact as this is a routine short-term commercial paper listing with 22-day maturity period. The instrument provides additional debt market liquidity but has limited significance given its brief tenure.
Impact Justification
Routine commercial paper listing with short tenure and limited market impact