Description

BSE lists Commercial Paper worth Rs. 100 crore issued by Jindal Saw Limited on private placement basis, with maturity on February 10, 2026.

Summary

BSE has listed Commercial Paper issued by Jindal Saw Limited on private placement basis effective November 12, 2025. The issue comprises 2,000 units of Rs. 5,00,000 each (total Rs. 100 crore) with a 90-day tenure maturing on February 10, 2026. The instrument carries CARE A1+ rating and will trade in dematerialized form only.

Key Points

  • Issuer: Jindal Saw Limited
  • Instrument: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 100 crore (2,000 units × Rs. 5 lakh)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,112.50 per unit (discount of Rs. 7,887.50)
  • Scrip Code: 730540
  • Scrip ID: JSL121125
  • ISIN: INE324A14985
  • Credit Rating: CARE A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard debt listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE324A14985
  • Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • All trades subject to tick size of 1 paise

Important Dates

  • Allotment Date: November 12, 2025
  • Listing Date: November 12, 2025
  • Redemption Date: February 10, 2026
  • Tenure: 90 days

Impact Assessment

Minimal market impact. This is a routine short-term debt instrument listing on BSE’s Debt segment. The commercial paper provides working capital financing to Jindal Saw Limited and offers institutional investors a short-term investment option. The CARE A1+ rating indicates highest safety for short-term instruments. No impact on equity markets or retail investors.

Impact Justification

Routine commercial paper listing with no impact on equity trading or regulatory changes. Affects only debt market participants dealing with Jindal Saw short-term instruments.