Description
BSE announces listing of 600 Commercial Papers of Rs.5,00,000/- each issued by Mirae Asset Financial Services (India) Private Limited with CRISIL A1+ rating, maturing on 27th February 2026.
Summary
BSE has listed new Commercial Papers issued by Mirae Asset Financial Services (India) Private Limited on private placement basis with effect from 20th October 2025. The listing comprises 600 Commercial Papers with a face value of Rs.5,00,000/- each, carrying a CRISIL A1+ credit rating and maturing on 27th February 2026.
Key Points
- Issuer: Mirae Asset Financial Services (India) Private Limited
- Securities: Commercial Paper on private placement basis
- Quantity: 600 units
- Face Value: Rs.5,00,000/- per unit
- Issue Price: Rs.4,88,007/- per unit
- Market Lot: 1
- Scrip Code: 730421
- Scrip ID: MAFS201025
- Detail Name: MAFS-27-2-26-CP
- ISIN: INE0JRU14313
- Credit Rating: CRISIL A1+
- Issuing and Paying Agent: HDFC Bank Limited
- Trading Mode: Dematerialised form only
- Standard Denomination: Rs.5 Lakhs and multiples thereof
- Tick Size: 1 paise
Regulatory Changes
No regulatory changes announced. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE0JRU14313
- Trading shall take place in standard denomination of Rs.5 Lakhs and multiples thereof
- Members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Listing Date: 20th October 2025
- Allotment Date: 20th October 2025
- Redemption Date: 27th February 2026
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The commercial papers are rated CRISIL A1+, indicating high credit quality. The listing expands debt market options for institutional investors seeking short-term instruments (approximately 4-month tenure). Impact is limited to debt market participants and does not affect equity markets or broader market operations.
Impact Justification
Routine debt instrument listing notification with no market-wide impact, relevant only to debt market participants trading commercial papers