Description

BSE notifies listing of two new Commercial Paper series issued by Godrej Housing Finance Limited on private placement basis with aggregate value of Rs. 300 crores.

Summary

BSE has listed two new series of Commercial Paper issued by Godrej Housing Finance Limited on private placement basis, effective November 14, 2025. The first series (ISIN: INE02JD14591) comprises 4,000 units of Rs. 5 lakh each totaling Rs. 200 crores, while the second series (ISIN: INE02JD14682) comprises 2,000 units totaling Rs. 100 crores. Both instruments are rated CRISIL A1+ and ICRA A1+, with ICICI Bank Limited acting as the Issuing and Paying Agent.

Key Points

  • Two Commercial Paper series listed on BSE Debt segment
  • Series 1: 4,000 units (Scrip Code: 728766, ISIN: INE02JD14591) allotted on November 14, 2025
  • Series 2: 2,000 units (Scrip Code: 730561, ISIN: INE02JD14682) allotted on November 13, 2025
  • Face value: Rs. 5,00,000 per unit for both series
  • Credit Rating: CRISIL A1+ and ICRA A1+ for both instruments
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • ICICI Bank Limited is the Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be adhered to

Important Dates

  • Series 1 (GHFL-13-2-26-CP):

    • Allotment Date: November 14, 2025
    • Redemption Date: February 13, 2026
    • Issue Price: Rs. 492,437.25

  • Series 2 (GHFL-12-2-26-CP):

    • Allotment Date: November 13, 2025
    • Redemption Date: February 12, 2026
    • Issue Price: Rs. 492,425.00

Impact Assessment

This listing has minimal market impact as it pertains to short-term debt instruments in the debt segment. The Commercial Papers have 3-month tenures and are targeted at institutional investors. The high credit ratings (A1+) indicate strong creditworthiness of Godrej Housing Finance Limited. This is a routine corporate treasury operation with no implications for equity markets or broader trading operations.

Impact Justification

Routine debt instrument listing with no market-wide impact, affects only specific debt segment participants