Description
BSE announces listing of Rs. 350 crore Commercial Paper by Aditya Birla Housing Finance Limited with 91-day tenure and CRISIL A1+/ICRA A1+ rating.
Summary
BSE has listed new Commercial Paper securities of Aditya Birla Housing Finance Limited worth Rs. 350 crores (7000 units of Rs. 5 lakhs each) issued on private placement basis. The securities carry CRISIL A1+ and ICRA A1+ credit ratings with a 91-day maturity period.
Key Points
- Issue size: Rs. 350 crores (7000 units of Rs. 5,00,000 each)
- Credit Rating: CRISIL A1+ and ICRA A1+
- Issue Price: Rs. 4,92,691.50 per unit
- Face Value: Rs. 5,00,000 per unit
- Scrip Code: 730175
- ISIN: INE831R14FG3
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- 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 must be in standard denomination of Rs. 5 lakhs and multiples thereof
- HDFC Bank Limited appointed as Issuing and Paying Agent
Important Dates
- Allotment Date: September 9, 2025
- Listing Date: September 10, 2025
- Redemption Date: December 9, 2025
- Tenure: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for Aditya Birla Housing Finance Limited. No significant implications for broader debt market operations.
Impact Justification
Routine commercial paper listing with standard terms and no market-wide implications