Description

Commercial Paper worth Rs. 100 crores issued by Kirloskar Ferrous Industries Limited listed on BSE Debt segment with effect from November 4, 2025.

Summary

BSE has listed new Commercial Paper issued by Kirloskar Ferrous Industries Limited on private placement basis. The securities are admitted to dealings on the BSE Debt segment with effect from November 4, 2025. Total issuance of 2,000 securities with face value of Rs. 5,00,000 each amounts to Rs. 100 crores.

Key Points

  • Securities Description: Commercial Paper issued on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Total Quantity: 2,000 units (Rs. 100 crores aggregate)
  • Issue Price: Rs. 4,92,191.82 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730485
  • Scrip ID: KFIL031125
  • ISIN Number: INE884B14705
  • Credit Rating: ICRA A1+
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited
  • Trading allowed only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE884B14705
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members requiring clarification should contact the debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 3, 2025
  • Listing Date: November 4, 2025
  • Redemption Date: January 30, 2026
  • Tenor: 88 days (approximately 3 months)

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The issuance represents short-term funding for Kirloskar Ferrous Industries Limited with a strong credit rating of ICRA A1+. The instrument provides investors with a short-term debt investment option maturing in approximately 3 months. The discount to face value (issue price Rs. 4,92,191.82 vs face value Rs. 5,00,000) implies an annualized yield for investors. This listing expands the debt market offerings but is unlikely to have significant impact on broader market operations or the company’s equity securities.

Impact Justification

Routine commercial paper listing for short-term funding with standard terms, minimal market impact