Description

Axis Finance Limited's new commercial papers totaling Rs. 225 crores listed on BSE Debt segment with maturity dates in February 2026.

Summary

Axis Finance Limited has listed new commercial papers on BSE’s Debt segment effective November 6, 2025. Two tranches totaling Rs. 225 crores (3000 + 1500 units of Rs. 5 lakhs each) have been issued on private placement basis with CRISIL A1+ and IND A1+ credit ratings. The papers mature in February 2026 with Axis Bank Limited serving as the Issuing and Paying Agent.

Key Points

  • First tranche: 3000 units (Rs. 150 crores) maturing on February 3, 2026
  • Second tranche: 1500 units (Rs. 75 crores) maturing on February 6, 2026
  • Face value: Rs. 5,00,000 per unit for both tranches
  • Issue prices: Rs. 4,91,966 (first tranche) and Rs. 4,91,705.50 (second tranche)
  • Allotment date: November 4, 2025
  • Credit rating: CRISIL A1+ and IND A1+
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers (INE891K14PO5 and INE891K14OW1)
  • Trading must occur in standard denomination of Rs. 5 lakhs and multiples
  • Market lot size is 1 unit

Important Dates

  • Allotment Date: November 4, 2025
  • Listing Date: November 6, 2025
  • Redemption Date (Tranche 1): February 3, 2026
  • Redemption Date (Tranche 2): February 6, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides short-term funding for Axis Finance Limited and offers debt investment opportunities to institutional investors. The high credit ratings (A1+) indicate strong creditworthiness. Impact is limited to debt market participants and does not affect equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing with no market-wide implications, affects only debt segment participants and Axis Finance investors