Description

BSE lists new Commercial Paper worth Rs. 65 crores issued by BHEL with 19-day tenure and CARE A1+ rating.

Summary

BSE has listed new Commercial Paper worth Rs. 65 crores issued by Bharat Heavy Electricals Ltd. (BHEL) on private placement basis. The securities will trade on BSE Debt segment with face value of Rs. 5 lakhs each and 19-day maturity period.

Key Points

  • Commercial Paper quantity: 13,000 units of Rs. 5 lakhs each
  • Total issue size: Rs. 65 crores
  • Issue price: Rs. 4,98,352.50 per unit (discount to face value)
  • Credit rating: CARE A1+, IND A1+
  • Scrip Code: 729975, Scrip ID: BHEL70825
  • ISIN: INE257A14AB9 (further listing under same ISIN)
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading restricted to standard denomination of Rs. 5 lakhs and multiples
  • ICICI Bank Limited acts as Issuing and Paying agent

Important Dates

  • Listing date: September 10, 2025
  • Allotment date: September 10, 2025
  • Redemption date: September 29, 2025
  • Tenure: 19 days

Impact Assessment

Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides BHEL with short-term funding at competitive rates given the A1+ rating. No impact on equity trading or broader market operations.

Impact Justification

Routine commercial paper listing with short tenure and no impact on equity trading