Description
BSE announces listing of Rs. 100 crore Commercial Paper issued by Bajaj Financial Securities Limited with 24-day maturity period.
Summary
BSE has listed new Commercial Paper worth Rs. 100 crore issued by Bajaj Financial Securities Limited on private placement basis. The instruments have face value of Rs. 5 lakh each with 24-day maturity period and carry CRISIL A1+ and IND A1+ credit ratings.
Key Points
- Total issue size: Rs. 100 crore (2000 units of Rs. 5 lakh each)
- Issue price: Rs. 497,953.5 per unit (discount to face value)
- Credit rating: CRISIL A1+ and IND A1+
- Scrip code: 730147, ISIN: INE01C314CN4
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakh and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakh and multiples
- ICICI Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment date: September 5, 2025
- Listing date: September 9, 2025
- Redemption date: September 29, 2025
- Maturity period: 24 days
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides Bajaj Financial Securities with short-term funding at competitive rates given the high credit ratings. Standard trading parameters apply with no special conditions.
Impact Justification
Routine commercial paper listing with standard terms and short maturity