Description

BSE announces the listing of 8,000 units of Commercial Paper worth Rs. 400 crores issued by SIKKA PORTS & TERMINALS LTD on private placement basis, effective November 6, 2025.

Summary

BSE has listed new Commercial Paper issued by SIKKA PORTS & TERMINALS LTD on private placement basis with effect from November 6, 2025. The issue comprises 8,000 units of Rs. 5,00,000 each (total Rs. 400 crores) with a tenor of 91 days, maturing on February 5, 2026. The instrument carries dual credit ratings of CARE A1+ and CRISIL A1+, indicating high safety and strong capacity for timely payment.

Key Points

  • Securities: Commercial Paper on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Total Units: 8,000 (aggregate value Rs. 400 crores)
  • Issue Price: Rs. 4,92,534 per unit (discount of Rs. 7,466)
  • Scrip Code: 730504
  • Scrip ID: SPT061125
  • ISIN: INE941D14733
  • Credit Ratings: CARE A1+, CRISIL A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Limited
  • Trading: Dematerialized form only
  • Standard Denomination: Rs. 5 Lakhs and multiples thereof

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure transactions are conducted only in dematerialized form under ISIN INE941D14733
  • Trading must be in standard denomination of Rs. 5 Lakhs and multiples thereof
  • All trades must adhere to the tick size of 1 paise
  • Members requiring clarifications should contact BSE debt department on specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Allotment Date: November 6, 2025
  • Listing Date: November 6, 2025 (effective date for trading on BSE Debt segment)
  • Redemption Date: February 5, 2026
  • Tenor: 91 days

Impact Assessment

Market Impact: Low - This is a routine Commercial Paper listing with limited impact on broader market operations. The listing adds a short-term debt instrument to BSE’s debt segment.

Issuer Impact: Medium for SIKKA PORTS & TERMINALS LTD - The Rs. 400 crore Commercial Paper issuance provides short-term funding for working capital or operational requirements at competitive rates, given the high credit ratings (A1+ from both CARE and CRISIL).

Investor Impact: Low to Medium - Provides institutional and high-net-worth investors with a highly-rated, short-term investment opportunity with 91-day maturity. The discount-based pricing (issue price Rs. 4,92,534 against face value Rs. 5,00,000) offers implied yield.

Operational Impact: Minimal - Standard debt market operations apply. Trading members have access to standard BSE debt segment infrastructure for trading these instruments.

Impact Justification

Routine commercial paper listing announcement with limited market-wide impact; primarily relevant to debt market participants and investors interested in SIKKA PORTS & TERMINALS LTD's short-term debt instruments.