Description
Tata Power Co. Ltd has listed new commercial paper worth Rs. 500 crore on BSE Debt segment on private placement basis, maturing in February 2026.
Summary
BSE has announced the listing of new Commercial Paper issued by Tata Power Co. Ltd on private placement basis with effect from November 10, 2025. The issue comprises 10,000 units of Rs. 5,00,000 each, totaling Rs. 500 crore, with a maturity period of 91 days. The securities carry credit ratings of CRISIL A1+ and IND A1+, and ICICI Bank Limited acts as the Issuing and Paying Agent.
Key Points
- Total issue size: Rs. 500 crore (10,000 units of Rs. 5 lakh each)
- Issue price: Rs. 4,92,413 per unit (discount to face value)
- Face value: Rs. 5,00,000 per unit
- Scrip Code: 730519
- Scrip ID: TPCL101125
- ISIN: INE245A14KM0
- Credit Rating: CRISIL A1+ and IND A1+
- Market lot: 1 unit
- Tick size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE245A14KM0
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment
Important Dates
- Listing Date: November 10, 2025
- Allotment Date: November 10, 2025
- Redemption Date: February 09, 2026
- Tenure: 91 days
Impact Assessment
This is a routine listing of short-term commercial paper by Tata Power Co. Ltd, a major power sector company. The listing has minimal market impact as it represents standard corporate treasury operations for working capital management. The high credit ratings (A1+) indicate strong creditworthiness. Trading members can facilitate client transactions in this debt instrument for investors seeking short-term fixed income exposure to a blue-chip corporate issuer.
Impact Justification
Routine debt instrument listing of commercial paper by large corporate, no market-wide regulatory changes or compliance requirements