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