Description
BSE announces listing of Commercial Papers worth Rs. 50 crore issued by Mirae Asset Sharekhan Financial Services Limited on private placement basis, effective November 6, 2025.
Summary
BSE has listed new Commercial Paper (CP) issued by Mirae Asset Sharekhan Financial Services Limited on private placement basis. The instrument is listed on the BSE Debt segment with effect from November 6, 2025. The issuance comprises 1,000 units of CPs with a face value of Rs. 5,00,000 each, totaling Rs. 50 crore, maturing on February 5, 2026.
Key Points
- Quantity: 1,000 Commercial Papers
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,91,303.50 per unit
- Total Issue Size: Rs. 50 crore
- Scrip Code: 730505
- Scrip ID: MASFS61125
- ISIN: INE550X14AL8
- Credit Rating: CRISIL A1+
- Market Lot: 1 unit
- Tenor: 91 days (November 6, 2025 to February 5, 2026)
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes. This is a standard listing notification for debt securities issued on private placement basis.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE550X14AL8
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for the securities is 1 paise
- Trading members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: November 6, 2025
- Listing Date: November 6, 2025
- Redemption Date: February 5, 2026
- Notice Date: November 6, 2025
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing in the debt segment with no impact on equity markets or broader trading operations.
Operational Impact: Low. Standard debt instrument trading with established parameters. The CP carries a high credit rating (CRISIL A1+) indicating strong credit quality.
Investor Impact: Relevant only for debt market participants and institutional investors trading in short-term debt instruments. The 91-day maturity makes this suitable for short-term liquidity management.
Impact Justification
Routine commercial paper listing for short-term debt instrument with limited market-wide impact