Description
BSE announces listing of Rs. 125 crore Commercial Paper issued by Muthoot Fincorp Limited with CRISIL A1+ rating.
Summary
BSE has listed new Commercial Paper worth Rs. 125 crore issued by Muthoot Fincorp Limited on private placement basis. The instrument carries CRISIL A1+ credit rating and will be traded in dematerialized form with a face value of Rs. 5 lakhs per unit.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each, total 2500 units
- Issue price: Rs. 4,80,268 per unit (discount of Rs. 19,732)
- Credit rating: CRISIL A1+
- Scrip Code: 728935, ISIN: INE549K14BX0
- Market lot: 1 unit
- Trading in standard denomination of Rs. 5 lakhs and multiples
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
- Indusind Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 3, 2025
- Listing Date: September 4, 2025
- Redemption Date: March 6, 2026
- Tenure: 6 months
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The Commercial Paper provides short-term funding option for Muthoot Fincorp Limited and investment opportunity for institutional investors in highly-rated debt instrument.
Impact Justification
Routine debt instrument listing with no market impact