Description

BSE announces listing of Commercial Paper worth Rs. 75 crore issued by Mirae Asset Financial Services (India) Private Limited with 90-day tenor.

Summary

BSE has listed Commercial Paper issued by Mirae Asset Financial Services (India) Private Limited on private placement basis. The instrument consists of 1,500 units of Rs. 5 lakh each, totaling Rs. 75 crore, with CRISIL A1+ rating. The securities are listed on BSE Debt segment with effect from October 30, 2025.

Key Points

  • Issuer: Mirae Asset Financial Services (India) Private Limited
  • Instrument: Commercial Paper (CP) issued on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,397 per unit
  • Total Quantity: 1,500 units (Rs. 75 crore)
  • Scrip Code: 730455
  • Scrip ID: MAFS291025
  • ISIN: INE0JRU14321
  • Credit Rating: CRISIL A1+
  • Allotment Date: October 29, 2025
  • Redemption Date: January 27, 2026
  • Tenor: 90 days
  • Market Lot: 1 unit
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0JRU14321
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: October 30, 2025
  • Listing Date: October 30, 2025
  • Allotment Date: October 29, 2025
  • Redemption Date: January 27, 2026

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing affecting only participants in the debt segment dealing with short-term corporate debt instruments.

Operational Impact: Trading members dealing in debt securities can now trade this instrument on BSE platform. The high credit rating (CRISIL A1+) indicates strong creditworthiness of the issuer.

Investor Impact: Provides institutional and qualified investors an additional short-term investment option with 90-day maturity from a financial services company with strong credit profile.

Impact Justification

Routine commercial paper listing on private placement basis with standard terms. Limited market-wide impact as it affects only debt segment trading members dealing with short-term debt instruments.