Description

BSE lists new Commercial Paper of Rs.100 crore issued by Kirloskar Ferrous Industries Limited on private placement basis, maturing on January 30, 2026.

Summary

BSE has listed new Commercial Paper issued by Kirloskar Ferrous Industries Limited on private placement basis with effect from November 4, 2025. The issuance consists of 2,000 units of Commercial Paper with a face value of Rs.5,00,000 each, totaling Rs.100 crore, maturing on January 30, 2026.

Key Points

  • Issuer: Kirloskar Ferrous Industries Limited
  • Instrument: Commercial Paper on private placement basis
  • Face Value: Rs.5,00,000 per unit
  • Total Quantity: 2,000 units
  • Total Issue Size: Rs.100 crore
  • Issue Price: Rs.4,92,191.82 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730485
  • Scrip ID: KFIL031125
  • Detail Name: KFIL-30-1-26-CP
  • ISIN: INE884B14705
  • Credit Rating: ICRA A1+
  • Allotment Date: November 3, 2025
  • Maturity Date: January 30, 2026
  • Tenure: 88 days (approximately)
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

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 INE884B14705
  • Trading shall take place in standard denomination of Rs.5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities will be traded on BSE Debt segment

Important Dates

  • Allotment Date: November 3, 2025
  • Listing Date: November 4, 2025
  • Maturity/Redemption Date: January 30, 2026

Impact Assessment

Market Impact: Minimal. This is a routine listing of short-term debt instrument (Commercial Paper) issued on private placement basis.

Investor Impact: Relevant only for debt market participants and institutional investors dealing in Commercial Paper. The high credit rating (ICRA A1+) indicates strong short-term creditworthiness.

Operational Impact: Trading members can now trade these securities on BSE Debt segment in dematerialized form with specified trading parameters.

Liquidity: Standard denomination of Rs.5 lakhs makes this instrument suitable for institutional participation.

Impact Justification

Routine debt instrument listing for commercial paper; limited impact on secondary market trading or broader market participants