Description
Tata Power Co. Ltd has listed new Commercial Paper worth Rs. 500 crores on BSE Debt segment with effect from November 10, 2025.
Summary
Tata Power Co. Ltd has listed new Commercial Paper worth Rs. 500 crores (10,000 units of Rs. 5,00,000 each) on the BSE Debt segment effective November 10, 2025. The securities were issued on a private placement basis with ICICI Bank Limited as the Issuing and Paying agent.
Key Points
- Securities: Commercial Paper issued on private placement basis
- Face Value: Rs. 5,00,000 per unit
- Quantity: 10,000 units (Total value: Rs. 500 crores)
- Issue Price: Rs. 4,92,413 per unit
- Scrip Code: 730519
- Scrip ID: TPCL101125
- ISIN: INE245A14KM0
- Credit Rating: CRISIL A1+, IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Trading: Dematerialised form only
- Standard Denomination: Rs. 5 lakhs and multiples thereof
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE245A14KM0
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for the securities is 1 paise
Important Dates
- Listing Date: November 10, 2025
- Allotment Date: November 10, 2025
- Redemption Date: February 9, 2026
- Tenure: 91 days
Impact Assessment
This is a routine commercial paper listing with limited market-wide impact. The instrument is a short-term debt security with a 91-day tenure, rated CRISIL A1+ and IND A1+, indicating high credit quality. The listing provides Tata Power with short-term funding and offers institutional investors a highly-rated debt instrument. Trading is restricted to institutional participants given the Rs. 5 lakh minimum denomination.
Impact Justification
Routine commercial paper listing by Tata Power with standard terms. Limited market-wide impact as it's a private placement debt instrument.