Description

BSE lists new Commercial Paper of BHEL worth Rs. 500 crores with 3-month tenure and CARE A1+ rating.

Summary

BSE has listed new Commercial Paper issued by Bharat Heavy Electricals Limited (BHEL) on private placement basis. The securities are worth Rs. 500 crores (10,000 units of Rs. 5 lakh each) with a 3-month tenure, carrying CARE A1+ and IND A1+ credit ratings.

Key Points

  • Security: Commercial Paper of Rs. 5,00,000/- each
  • Total Issue Size: Rs. 500 crores (10,000 units)
  • Issue Price: Rs. 4,92,411.50 per unit
  • Face Value: Rs. 5,00,000 per unit
  • Credit Rating: CARE A1+, IND A1+
  • ISIN: INE257A14AC7
  • Scrip Code: 730149
  • Scrip ID: BHEL040925

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading only in dematerialized form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise
  • Market lot size of 1 unit

Important Dates

  • Allotment Date: September 4, 2025
  • Redemption Date: December 3, 2025
  • Trading Effective Date: September 4, 2025

Impact Assessment

Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding for BHEL’s operations with a 3-month maturity period. ICICI Bank Limited serves as the Issuing and Paying Agent.

Impact Justification

Routine commercial paper listing with no market-wide implications