Description

BSE announces listing of 1,500 Commercial Papers worth Rs. 5 lakhs each issued by Mahindra Lifespace Developers Limited on private placement basis, effective November 6, 2025.

Summary

BSE has listed new Commercial Papers issued by Mahindra Lifespace Developers Limited on private placement basis. The listing comprises 1,500 units of Commercial Paper with face value of Rs. 5,00,000 each, totaling Rs. 75 crores. The securities are listed on BSE Debt segment and will trade in dematerialized form only.

Key Points

  • Quantity: 1,500 Commercial Papers of Rs. 5 lakhs each
  • Total Issue Size: Rs. 75 crores
  • Scrip Code: 730498
  • Scrip ID: MLDL41125
  • ISIN: INE813A14375
  • Issue Price: Rs. 4,98,854 per unit
  • Credit Rating: IND A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: YES Bank Ltd
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE813A14375
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Market lot size is 1 unit with tick size of 1 paise

Important Dates

  • Notice Date: November 6, 2025
  • Listing Effective Date: November 6, 2025
  • Date of Allotment: November 4, 2025
  • Redemption Date: February 3, 2026
  • Tenure: 91 days

Impact Assessment

Market Impact: Low - This is a standard commercial paper listing for short-term borrowing. The instrument has a 91-day tenure and is rated IND A1+, indicating strong credit quality.

Operational Impact: Minimal - Routine debt listing that provides Mahindra Lifespace Developers with short-term funding. Trading members have standard operational procedures for debt instruments. The issue price of Rs. 4,98,854 against face value of Rs. 5,00,000 implies an implicit discount rate for the 91-day paper.

Investor Impact: Low - Suitable for institutional investors seeking short-term debt instruments with good credit rating. Standard liquidity and trading norms apply.

Impact Justification

Routine commercial paper listing with 91-day tenure; limited market impact as debt instrument on private placement basis