Description

Grasim Industries Ltd has listed new Commercial Paper worth Rs. 500 crores on BSE Debt segment for private placement with redemption date of December 5, 2025.

Summary

Grasim Industries Ltd has listed new Commercial Paper worth Rs. 500 crores (10,000 units of Rs. 5 lakhs each) on the BSE Debt segment on October 16, 2025. The securities are issued on a private placement basis with a 50-day tenure, maturing on December 5, 2025. The paper carries top credit ratings of CARE A1+ and ICRA A1+.

Key Points

  • Securities: Commercial Paper issued on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Total Issue Size: Rs. 500 crores (10,000 units)
  • Issue Price: Rs. 4,96,031.50 per unit
  • Scrip Code: 730391
  • Scrip ID: GIL161025
  • ISIN: INE047A14AO7
  • Credit Ratings: CARE A1+, ICRA A1+
  • Market Lot: 1 unit
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Limited
  • Trading mode: Dematerialised form only

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE047A14AO7
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members can contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Allotment Date: October 16, 2025
  • Listing Date: October 16, 2025
  • Redemption Date: December 5, 2025
  • Tenure: 50 days

Impact Assessment

This is a routine commercial paper listing for short-term funding requirements of Grasim Industries Ltd. The impact is minimal as it represents standard treasury operations for a large corporate. The high credit ratings (A1+ from both CARE and ICRA) indicate strong creditworthiness. The 50-day tenure suggests this is for working capital or short-term liquidity management. No material impact on broader market operations or investor portfolios is anticipated.

Impact Justification

Routine listing of commercial paper for short-term funding with 50-day tenure, limited market-wide impact