Description
BSE lists Commercial Paper worth Rs. 300 crore issued by Godrej Housing Finance Limited on private placement basis, with two tranches maturing in January 2026.
Summary
BSE has listed new Commercial Paper securities issued by Godrej Housing Finance Limited on private placement basis. Two tranches totaling Rs. 300 crore have been admitted to dealings on the BSE Debt segment effective October 30, 2025. Both tranches carry CRISIL A1+ and ICRA A1+ ratings with ICICI Bank Limited acting as the Issuing and Paying Agent.
Key Points
Tranche 1 (GHFL-28-1-26-CP): 4,000 units of Rs. 5 lakh each (Rs. 200 crore)
- Scrip Code: 730458, Scrip ID: GHFL291025
- ISIN: INE02JD14674
- Issue Price: Rs. 492,328.50 per unit
- Allotment Date: October 29, 2025
- Redemption Date: January 28, 2026
Tranche 2 (GHFL-29-1-26-CP): 2,000 units of Rs. 5 lakh each (Rs. 100 crore)
- Scrip Code: 730461, Scrip ID: GHFL301025
- ISIN: INE02JD14666
- Issue Price: Rs. 492,328.50 per unit
- Allotment Date: October 30, 2025
- Redemption Date: January 29, 2026
Face Value and Paid-up Value: Rs. 5,00,000 per unit for both tranches
Credit Rating: CRISIL A1+ and ICRA A1+ for both tranches
Trading Mode: Dematerialized form only
Standard Denomination: Rs. 5 lakhs and multiples thereof
Tick Size: 1 paise
Market Lot: 1 unit
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Members must adhere to the tick size of 1 paise for these securities
Important Dates
- October 29, 2025: Allotment date for Tranche 1 (GHFL-28-1-26-CP)
- October 30, 2025: Allotment date for Tranche 2 (GHFL-29-1-26-CP); Listing date for both tranches
- January 28, 2026: Redemption date for Tranche 1
- January 29, 2026: Redemption date for Tranche 2
Impact Assessment
Market Impact: Minimal. This is a routine debt instrument listing with no direct impact on equity markets or broader trading operations.
Operational Impact: Trading members dealing in debt securities can now trade these Commercial Paper instruments on the BSE Debt segment. The high credit ratings (A1+) indicate low credit risk.
Investor Impact: Provides short-term investment opportunity (approximately 3 months tenure) in highly-rated debt instruments issued by Godrej Housing Finance Limited. The issue price discount reflects the short-term yield offered to investors.
Impact Justification
Routine commercial paper listing on debt segment with no impact on equity trading or broader market operations