Description

BSE has listed Commercial Paper of Rs. 500 crores issued by APL Apollo Tubes Limited on private placement basis with redemption date of December 23, 2025.

Summary

BSE has listed Commercial Paper issued by APL Apollo Tubes Limited on private placement basis, effective October 14, 2025. The issue comprises 2,000 securities of Rs. 5,00,000 each, totaling Rs. 100 crores, with ICRA A1+ rating. The instrument will be redeemed on December 23, 2025.

Key Points

  • Securities listed on BSE Debt segment effective October 14, 2025
  • Total issue size: 2,000 units of Rs. 5 lakhs each (Rs. 100 crores)
  • Issue price: Rs. 4,94,212.50 per unit (discount to face value)
  • Credit rating: ICRA A1+
  • ISIN: INE702C14CT8
  • Scrip Code: 730385, Scrip ID: APLA131025
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • YES Bank Limited acts as Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities to be traded under ISIN INE702C14CT8

Important Dates

  • Allotment Date: October 13, 2025
  • Listing Date: October 14, 2025
  • Redemption Date: December 23, 2025
  • Tenure: 71 days (approximately 2.5 months)

Impact Assessment

Market Impact: Minimal. This is a routine Commercial Paper listing in the debt segment with no impact on equity markets.

Investor Impact: Low. Affects only debt market participants and institutional investors dealing in short-term debt instruments.

Operational Impact: None. Standard listing process with typical trading parameters for Commercial Paper.

Issuer Context: APL Apollo Tubes Limited maintains access to short-term funding through commercial paper market with strong A1+ credit rating, indicating superior capacity for timely payment.

Impact Justification

Routine commercial paper listing with no impact on equity markets or trading operations. Standard short-term debt instrument issuance.