Description

BSE announces the listing of Commercial Paper worth Rs. 50 crores issued by Mirae Asset Financial Services (India) Private Limited with CRISIL A1+ rating, maturing on February 11, 2026.

Summary

BSE has listed new Commercial Paper issued by Mirae Asset Financial Services (India) Private Limited on a private placement basis. The instrument consists of 1,000 securities of Rs. 5,00,000 each (total Rs. 50 crores), issued at a discount with CRISIL A1+ credit rating. The securities are admitted to trading on the BSE Debt segment effective November 13, 2025.

Key Points

  • Issuer: Mirae Asset Financial Services (India) Private Limited
  • Security Type: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 50 crores (1,000 securities × Rs. 5,00,000)
  • Face Value: Rs. 5,00,000 per security
  • Issue Price: Rs. 4,91,423.50 per security (issued at discount)
  • Credit Rating: CRISIL A1+
  • Scrip Code: 730549
  • Scrip ID: MAFS121125
  • ISIN: INE0JRU14339
  • Market Lot: 1 security
  • Issuing and Paying Agent: HDFC Bank Limited
  • Trading: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for a new debt instrument.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0JRU14339
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 12, 2025
  • Listing Date: November 13, 2025
  • Redemption Date: February 11, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine listing of short-term debt instrument on private placement basis with no impact on equity markets or broader trading operations.

Operational Impact: None for equity traders. Only relevant for debt segment participants interested in high-rated commercial paper with 3-month maturity.

Investor Relevance: Limited to institutional investors and debt market participants. The CRISIL A1+ rating indicates high credit quality and low credit risk for short-term obligations.

Impact Justification

Routine debt instrument listing with no impact on equity markets or trading regulations. Standard commercial paper issuance on private placement basis.