Description

Time Technoplast Limited's Commercial Paper worth Rs. 25 crores (500 units of Rs. 5 lakhs each) listed on BSE Debt segment, maturing on April 16, 2026.

Summary

Time Technoplast Limited has listed new Commercial Paper instruments on BSE’s Debt segment on October 17, 2025. The issue consists of 500 units of Rs. 5 lakhs each (total Rs. 25 crores) issued on private placement basis, with a maturity date of April 16, 2026. The instruments carry credit ratings of CRISIL A1+ and ICRA A1+, with IDBI Bank Limited acting as the Issuing and Paying Agent.

Key Points

  • Total issue size: 500 units × Rs. 5,00,000 = Rs. 25 crores
  • Issue price: Rs. 4,81,610.50 per unit (discount to face value)
  • Face value: Rs. 5,00,000 per unit
  • Market lot: 1 unit
  • Scrip Code: 730408
  • Scrip ID: TTL171025
  • Detail Name: TTL-16-4-26-CP
  • ISIN: INE508G14IA7
  • Credit ratings: CRISIL A1+ and ICRA A1+
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: IDBI Bank Limited

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE508G14IA7
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: October 17, 2025
  • Date of Allotment: October 17, 2025
  • Listing Date: October 17, 2025 (effective immediately)
  • Date of Redemption: April 16, 2026
  • Tenure: Approximately 6 months

Impact Assessment

This listing has minimal market-wide impact as it pertains to a routine commercial paper issuance by Time Technoplast Limited. The instruments are short-term debt securities (6-month maturity) rated A1+ by both CRISIL and ICRA, indicating highest credit quality. The issue size of Rs. 25 crores is modest and will primarily interest institutional investors and debt market participants seeking short-term, highly-rated paper. Trading will be restricted to the BSE Debt segment with standard parameters. No impact on equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing with standard terms, limited market-wide impact, affects only debt segment participants