Description

BSE lists new Commercial Paper of Rs. 500 crores issued by Mirae Asset Financial Services (India) Private Limited with redemption date of June 12, 2026.

Summary

BSE has listed new Commercial Paper issued by Mirae Asset Financial Services (India) Private Limited on private placement basis. The securities are admitted to dealings on the BSE Debt segment effective October 6, 2025. The issue comprises 1,000 commercial papers of Rs. 5,00,000 face value each (total Rs. 500 crores) with a tenor of approximately 8 months.

Key Points

  • Issuer: Mirae Asset Financial Services (India) Private Limited
  • Security Type: Commercial Paper (Private Placement)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,75,072.50 per unit
  • Total Quantity: 1,000 units
  • Total Issue Size: Rs. 500 crores
  • Scrip Code: 730353
  • Scrip ID: MAFS031025
  • ISIN: INE0JRU14297
  • Credit Rating: CRISIL A1+
  • Market Lot: 1 unit
  • Allotment Date: October 3, 2025
  • Redemption Date: June 12, 2026
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0JRU14297
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: October 6, 2025
  • Listing Date: October 6, 2025
  • Allotment Date: October 3, 2025
  • Redemption Date: June 12, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument is rated CRISIL A1+ indicating high credit quality and is available only for institutional investors given the Rs. 5 lakh minimum denomination. The listing expands debt market offerings but has no impact on equity trading or broader market operations.

Impact Justification

Routine listing of commercial paper on private placement basis with no impact on equity markets or broader trading operations