Description
BSE lists 8000 Commercial Papers of Sikka Ports & Terminals Ltd worth Rs. 400 crores with redemption date of February 5, 2026.
Summary
BSE has listed new Commercial Papers issued by SIKKA PORTS & TERMINALS LTD on private placement basis. The listing consists of 8000 securities of face value Rs. 5,00,000 each, totaling Rs. 400 crores. The securities are listed on BSE Debt segment with effect from November 6, 2025.
Key Points
- Total quantity: 8000 Commercial Papers
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,92,534 per unit
- Scrip Code: 730504
- Scrip ID: SPT061125
- ISIN: INE941D14733
- Credit Rating: CARE A1+, CRISIL A1+
- Market lot: 1 unit
- Trading only in dematerialized form
- 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 ISIN INE941D14733
- Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Limited acts as the Issuing and Paying agent
Important Dates
- Allotment Date: November 6, 2025
- Listing Date: November 6, 2025
- Redemption Date: February 5, 2026
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The listing provides short-term financing to Sikka Ports & Terminals Ltd for approximately 3 months. The high credit ratings (A1+ from both CARE and CRISIL) indicate strong creditworthiness. Impact is limited to debt market participants and institutional investors dealing in commercial papers.
Impact Justification
Routine commercial paper listing for debt market participants with no impact on equity markets or broader trading operations