Description

BOBCARD LIMITED has listed new Commercial Paper worth Rs. 250 crores on BSE Debt segment with issue date October 17, 2025 and redemption date December 24, 2025.

Summary

BOBCARD LIMITED has listed 5,000 units of Commercial Paper on BSE’s Debt segment on private placement basis. The instrument has a face value of Rs. 5 lakhs per unit (total issue size Rs. 250 crores), issued at a discount of Rs. 494,008.50 per unit. The Commercial Paper carries an IND A1+ credit rating and will mature on December 24, 2025, representing a 68-day tenor from the issue date of October 17, 2025.

Key Points

  • Total issue size: Rs. 250 crores (5,000 units × Rs. 5,00,000)
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,94,008.50 per unit (discount of Rs. 5,991.50)
  • Scrip Code: 730414
  • Scrip ID: BL171025
  • ISIN: INE027214886
  • Credit rating: IND A1+
  • Market lot: 1 unit
  • Trading only in dematerialized form
  • ICICI Bank is the Issuing and Paying Agent
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE027214886
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be maintained for price movements
  • For clarifications, trading members should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Issue/Allotment Date: October 17, 2025
  • Listing Date: October 17, 2025
  • Redemption Date: December 24, 2025
  • Tenor: 68 days

Impact Assessment

This is a routine short-term debt instrument listing with minimal market impact. Commercial Paper is a standard money market instrument used by companies for short-term funding needs. The IND A1+ rating indicates highest safety for short-term debt. The instrument is restricted to institutional and sophisticated investors due to the Rs. 5 lakh minimum denomination requirement, limiting retail participation. The 68-day tenor suggests working capital financing requirements. No impact on equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing with 68-day tenor. Limited market impact as private placement debt instrument for institutional investors only.