Description

TATA STEEL LIMITED has listed new Commercial Paper worth Rs. 750 crores (15,000 units of Rs. 5 lakhs each) on BSE Debt segment with ICRA A1+ and IND A1+ credit rating.

Summary

TATA STEEL LIMITED has listed new Commercial Paper (CP) of Rs. 750 crores on BSE’s Debt segment effective November 7, 2025. The CPs were issued on private placement basis with 15,000 units of Rs. 5 lakhs face value each, at an issue price of Rs. 4,92,130 per unit. The instruments carry ICRA A1+ and IND A1+ credit ratings and will mature on February 10, 2026. HDFC Bank acts as the Issuing and Paying Agent.

Key Points

  • Quantity: 15,000 units of Commercial Paper
  • Face Value: Rs. 5,00,000 per unit (Total: Rs. 750 crores)
  • Issue Price: Rs. 4,92,130 per unit
  • Scrip Code: 730510
  • Scrip ID: TSL061125
  • ISIN: INE081A14GI5
  • Credit Rating: ICRA A1+, IND 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 announced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE081A14GI5
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 6, 2025
  • Listing Date: November 7, 2025
  • Redemption Date: February 10, 2026
  • Tenure: Approximately 96 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing by a large corporate entity for working capital or general corporate purposes. The Commercial Paper market caters to institutional investors and does not affect retail equity markets.

Operational Impact: None for equity traders. Only relevant for debt segment participants and institutional investors dealing in money market instruments.

Investor Impact: Limited to institutional investors in the debt market segment. The A1+ rating from both ICRA and India Ratings indicates highest safety for short-term debt instruments.

Impact Justification

Routine commercial paper listing by a large corporate for short-term funding needs. No impact on equity markets or trading operations.