Description
BSE announces listing of Rs.100 crore Commercial Paper issued by E.I.D. Parry (India) Ltd. on private placement basis, maturing on December 29, 2025.
Summary
BSE has listed new Commercial Papers issued by E.I.D. Parry (India) Ltd. on private placement basis effective October 13, 2025. The instrument comprises 2,000 units of Rs.5 lakh each, totaling Rs.100 crore, with a maturity period of approximately 80 days. The CPs are rated CRISIL A1+ and will be traded in dematerialized form on the BSE Debt segment.
Key Points
- Issuer: E.I.D. Parry (India) Ltd.
- Instrument Type: Commercial Paper (private placement)
- Total Issue Size: Rs.100 crore (2,000 units × Rs.5,00,000)
- Face Value: Rs.5,00,000 per unit
- Issue Price: Rs.4,93,520.50 per unit
- ISIN: INE126A14EM5
- Scrip Code: 730378
- Scrip ID: EIDP101025
- Credit Rating: CRISIL A1+
- Allotment Date: October 10, 2025
- Redemption Date: December 29, 2025
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for a debt instrument.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE126A14EM5
- Trading shall be conducted in standard denomination of Rs.5 lakhs and multiples thereof
- Tick size of 1 paise must be followed for all transactions
- Trading participants should contact BSE Debt Department (22728352/8597/8995/5753/8915) for clarifications
Important Dates
- Notice Date: October 13, 2025
- Deemed Allotment Date: October 10, 2025
- Listing Effective Date: October 13, 2025
- Redemption Date: December 29, 2025 (approximately 77 days from allotment)
Impact Assessment
Market Impact: Minimal. This is a routine short-term debt instrument listing affecting only the debt segment.
Operational Impact: Limited to BSE debt trading members who may participate in secondary market trading of these Commercial Papers. The instrument provides short-term liquidity options for institutional investors dealing with E.I.D. Parry securities.
Investor Relevance: Relevant primarily for institutional investors and high net-worth individuals in the debt market seeking CRISIL A1+ rated short-term instruments with approximately 2.5 month maturity. The implicit yield can be calculated from the discount between issue price (Rs.4,93,520.50) and face value (Rs.5,00,000).
Impact Justification
Routine commercial paper listing with no market-wide implications. Affects only debt segment participants dealing with E.I.D. Parry instruments.