Description
BSE lists three new commercial paper securities of Bajaj Financial Securities Limited totaling Rs. 40 crores with maturity dates in September 2025.
Summary
BSE has listed three new commercial paper securities of Bajaj Financial Securities Limited on private placement basis, totaling Rs. 40 crores (8,000 units of Rs. 5 lakh each). All securities are rated CRISIL A1+ and will trade in dematerialized form with ICICI Bank Limited as the issuing and paying agent.
Key Points
- Three commercial paper series listed with face value Rs. 5 lakh each
- Total issue size: Rs. 40 crores across 8,000 units
- All securities carry CRISIL A1+ rating
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
- ICICI Bank Limited acts as issuing and paying agent
Securities Details
Series 1 (BFSL-25-09-25-CP):
- Quantity: 6,000 units
- Issue Price: Rs. 498,220
- Allotment Date: 04/09/2025
- Redemption Date: 25/09/2025
- ISIN: INE01C314CM6
- Scrip Code: 730138
Series 2 (BFSL-22-09-25-CP):
- Quantity: 1,000 units
- Issue Price: Rs. 498,381
- Allotment Date: 03/09/2025
- Redemption Date: 22/09/2025
- ISIN: INE01C314CE3
- Scrip Code: 729718
Series 3 (BFSL-29-09-25-CP):
- Quantity: 1,000 units
- Issue Price: Rs. 497,787.50
- Allotment Date: 03/09/2025
- Redemption Date: 29/09/2025
- ISIN: INE01C314CN4
- Scrip Code: 730147
Trading Requirements
- Securities will trade only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Market lot size: 1 unit
- Tick size: 1 paise
Important Dates
- Listing Date: 04/09/2025 (effective today)
- Redemption Dates: 22/09/2025, 25/09/2025, 29/09/2025
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding avenue for Bajaj Financial Securities Limited with maturities ranging from 18-25 days.
Impact Justification
Routine commercial paper listing with no market-wide impact