Description
Three new commercial paper instruments of HDFC Securities Limited listed on BSE debt segment with face value of Rs. 5 lakh each.
Summary
HDFC Securities Limited has listed three new commercial paper instruments on BSE debt segment effective September 10, 2025. All instruments are issued on private placement basis with face value of Rs. 5,00,000 each and carry CARE A1+ and ICRA A1+ credit ratings.
Key Points
- Three commercial paper instruments listed with total quantity of 29,000 units
- Face value: Rs. 5,00,000 per instrument across all three issues
- Credit rating: CARE A1+ and ICRA A1+ for all instruments
- Issuing and Paying Agent: HDFC Bank Ltd
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading permitted only in standard denomination of Rs. 5 lakhs and multiples
- Must use specified ISIN numbers for trading
Important Dates
- Listing Date: September 10, 2025
- Allotment Date: September 9, 2025 (all three instruments)
- Redemption Dates:
- HDFCSL-26-09-25-CP: September 26, 2025
- HDFCSL-09-12-25-CP: December 9, 2025
- HDFCSL-29-09-25-CP: September 29, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instruments provide short-term funding options for HDFC Securities Limited with maturity periods ranging from 16 days to 3 months. Trading will be limited to institutional and qualified investors given the high denomination requirement.
Impact Justification
Routine commercial paper listing with no market-wide impact