Description

BSE announces listing of ₹450 crore commercial paper issued by Sharekhan Limited with 3-month maturity period.

Summary

BSE announces the listing of new Commercial Paper worth ₹450 crore issued by Sharekhan Limited on private placement basis, effective September 10, 2025. The instruments have a 3-month maturity period and will trade on the BSE Debt segment.

Key Points

  • Commercial Paper of ₹5 lakh face value each, totaling 9,000 units
  • Total issue size: ₹450 crore
  • Issue price: ₹491,495.91 per unit (discount to face value)
  • Credit rating: CARE A1+ and ICRA A1+
  • ISIN: INE211H14AE5, Scrip Code: 730183
  • HDFC Bank Limited serves as Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading in standard denomination of ₹5 lakhs and multiples thereof
  • Tick size for securities is 1 paise
  • Contact BSE debt department for clarifications

Important Dates

  • Allotment Date: September 9, 2025
  • Listing Date: September 10, 2025
  • Redemption Date: December 9, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing by a financial services company. The short-term nature (3 months) and private placement basis limit broader market implications.

Impact Justification

Routine commercial paper listing with no material market impact