Description

Julius Baer Capital (India) Private Limited has listed two series of commercial papers totaling Rs. 300 crores on BSE Debt segment with maturity periods of 91 days and 212 days respectively.

Summary

Julius Baer Capital (India) Private Limited has listed two series of commercial papers on BSE Debt segment effective November 10, 2025. The first series (JBC101125) has 3,000 units of Rs. 5 lakh each maturing on February 9, 2026 (91 days). The second series (JBCI101125) has 3,000 units of Rs. 5 lakh each maturing on June 10, 2026 (212 days). Both series are rated CRISIL A1+ and ICRA A1+, with HDFC Bank Limited serving as the Issuing and Paying Agent.

Key Points

  • Two commercial paper series listed totaling Rs. 300 crores (Rs. 150 crores each)
  • Face value and paid-up value: Rs. 5,00,000 per unit for both series
  • Series 1: Issue price Rs. 4,91,628.50, redemption on February 9, 2026 (ISIN: INE824H14SU3, Scrip Code: 730525)
  • Series 2: Issue price Rs. 4,79,929.50, redemption on June 10, 2026 (ISIN: INE824H14SS7, Scrip Code: 730526)
  • Credit ratings: CRISIL A1+ and ICRA A1+ for both series
  • Trading only in dematerialized form with market lot of 1 unit
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • HDFC Bank Limited is the Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded with tick size of 1 paise
  • Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 10, 2025 (both series)
  • Listing Date: November 10, 2025 (both series)
  • Redemption Date (Series 1): February 9, 2026
  • Redemption Date (Series 2): June 10, 2026
  • Notice Date: November 10, 2025

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing in the debt segment with no impact on equity markets. The instruments are institutional in nature given the Rs. 5 lakh minimum denomination.

Operational Impact: No significant operational changes required. Trading members can trade these securities through existing debt trading infrastructure.

Investor Impact: Limited to institutional and high net-worth investors given the high denomination requirement. The strong credit ratings (A1+ from both CRISIL and ICRA) indicate low credit risk for short-term investors seeking money market instruments.

Impact Justification

Routine commercial paper listing by Julius Baer Capital with no impact on equity markets or trading regulations. Standard debt instrument listing for institutional investors only.