Description
BSE announces listing of Commercial Paper worth Rs. 50 crore issued by Mirae Asset Sharekhan Financial Services Limited on private placement basis, effective October 24, 2025.
Summary
BSE has listed new Commercial Paper issued by Mirae Asset Sharekhan Financial Services Limited on private placement basis with effect from October 24, 2025. The issuance consists of 1,000 securities of Rs. 5 lakh each, totaling Rs. 50 crore, with a tenure of 91 days maturing on January 23, 2026. The commercial paper is rated CRISIL A1+ and will be traded only in dematerialized form.
Key Points
- Total issue size: Rs. 50 crore (1,000 units of Rs. 5 lakh each)
- Scrip Code: 730433, Scrip ID: MASF241025
- ISIN: INE550X14AK0
- Credit Rating: CRISIL A1+
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,91,243 per unit
- Allotment Date: October 24, 2025
- Redemption Date: January 23, 2026
- Issuing and Paying Agent: HDFC Bank Limited
- Market Lot: 1 unit
- Tick Size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE550X14AK0
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment
Important Dates
- Listing Date: October 24, 2025
- Allotment Date: October 24, 2025
- Redemption Date: January 23, 2026
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The issuance provides short-term funding to Mirae Asset Sharekhan Financial Services Limited for a 91-day period. The CRISIL A1+ rating indicates strong credit quality. Trading members dealing in debt securities can participate in trading these instruments on the BSE Debt segment. For clarifications, trading members can contact BSE’s debt department.
Impact Justification
Routine listing of commercial paper on private placement basis with no broader market impact