Description

BSE announces listing of 1500 Commercial Papers worth Rs. 5 lakh each issued by Mirae Asset Financial Services (India) Private Limited on private placement basis with redemption date of January 27, 2026.

Summary

BSE has listed new Commercial Papers issued by Mirae Asset Financial Services (India) Private Limited on private placement basis. The securities are available for trading on the BSE Debt segment effective October 30, 2025. A total of 1500 Commercial Papers with face value of Rs. 5,00,000 each have been issued with a 90-day maturity period.

Key Points

  • Quantity: 1500 Commercial Papers issued
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,397 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730455
  • Scrip ID: MAFS291025
  • ISIN Number: INE0JRU14321
  • Credit Rating: CRISIL A1+
  • Issuing and Paying Agent: HDFC Bank Limited
  • Trading denomination: Rs. 5 Lakhs and multiples thereof
  • Tick size: 1 paise
  • Trading mode: Dematerialised form only

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE0JRU14321
  • Trading shall take place in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

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

Impact Assessment

Market Impact: Minimal. This is a routine listing of short-term debt instruments on private placement basis with no direct impact on equity markets or broader market operations.

Operational Impact: Trading members can now trade these Commercial Papers on the BSE Debt segment. The instruments provide institutional investors with a short-term investment option rated CRISIL A1+, indicating highest safety for short-term debt instruments.

Investor Impact: Limited to institutional investors participating in the debt market. The high credit rating (A1+) indicates strong creditworthiness and low default risk for the 90-day investment period.

Impact Justification

Routine debt instrument listing with no impact on equity markets or trading members. Standard commercial paper issuance on private placement basis.