Description

BSE announces the listing of 4000 Commercial Papers issued by BOBCARD LIMITED on private placement basis, each with face value of Rs.5,00,000, maturing on 28th November 2025.

Summary

BSE has listed new Commercial Papers issued by BOBCARD LIMITED on private placement basis with effect from October 31, 2025. The issue comprises 4000 Commercial Papers with a face value of Rs.5,00,000 each, totaling Rs.200 crore. The instruments carry an IND A1+ credit rating and will mature on November 28, 2025. ICICI Bank Limited serves as the Issuing and Paying Agent.

Key Points

  • Issuer: BOBCARD LIMITED
  • Instrument Type: Commercial Paper (Private Placement)
  • Quantity: 4000 units
  • Face Value: Rs.5,00,000 per unit
  • Total Issue Size: Rs.200 crore
  • Issue Price: Rs.4,97,509.50 per unit
  • ISIN: INE027214894
  • Scrip Code: 730464
  • Scrip ID: BL301025
  • Credit Rating: IND A1+
  • Market Lot: 1 unit
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs.5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE027214894
  • Trading must be conducted in standard denomination of Rs.5 lakhs and multiples thereof
  • The tick size for price movements is 1 paise
  • Issuing and Paying Agent: ICICI Bank Limited

Important Dates

  • Date of Allotment: October 30, 2025
  • Listing Date: October 31, 2025
  • Redemption Date: November 28, 2025
  • Tenure: 29 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing in the BSE Debt segment. Commercial papers are money market instruments used for short-term funding by companies and are typically traded among institutional investors.

Operational Impact: Trading members dealing in debt securities can now trade these Commercial Papers through the BSE platform. The instruments provide a short-term investment option with less than one month maturity.

Investor Impact: Limited to institutional and high-net-worth investors given the high minimum denomination of Rs.5 lakhs. The IND A1+ rating indicates high credit quality for short-term obligations.

Impact Justification

Routine debt instrument listing notification for commercial paper with short 29-day tenure, limited to institutional investors in debt segment