Description
BSE announces listing of Rs. 2,450 crore Commercial Paper by Reliance Retail Ventures Limited with 91-day tenure.
Summary
BSE has listed new Commercial Paper worth Rs. 2,450 crore (49,000 units of Rs. 5 lakh each) issued by Reliance Retail Ventures Limited on private placement basis. The instruments are rated CARE A1+ and CRISIL A1+ with 91-day maturity period.
Key Points
- Issue size: Rs. 2,450 crore (49,000 units of Rs. 5 lakh each)
- Issue price: Rs. 4,92,715.50 per unit (face value Rs. 5 lakh)
- Scrip Code: 730143, ISIN: INE929O14EA8
- Credit ratings: CARE A1+ and CRISIL A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: September 3, 2025
- Listing effective: September 4, 2025
- Redemption date: December 3, 2025
- Tenure: 91 days
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding avenue for Reliance Retail Ventures Limited and investment opportunity for institutional investors in highly-rated short-term debt instruments.
Impact Justification
Routine commercial paper listing with no significant market impact