Description

BSE announces listing of two series of Commercial Papers issued by Godrej Housing Finance Limited totaling Rs. 300 crores on private placement basis.

Summary

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

Key Points

  • Total of 6,000 Commercial Paper units listed aggregating Rs. 300 crores
  • Face value and paid-up value: Rs. 5,00,000 per unit
  • First series (GHFL-13-2-26-CP): 4,000 units, issue price Rs. 492,437.25, allotted on November 14, 2025
  • Second series (GHFL-12-2-26-CP): 2,000 units, issue price Rs. 492,425.00, allotted on November 13, 2025
  • Credit rating: CRISIL A1+ and ICRA A1+ for both series
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • ICICI Bank Limited appointed as Issuing and Paying Agent

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure transactions are conducted only in dematerialized form under the specified ISIN numbers
  • Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
  • All trades subject to tick size of 1 paise
  • Instruments to be traded on BSE Debt segment only

Important Dates

  • First Series (GHFL-13-2-26-CP):

    • Allotment Date: November 14, 2025
    • Listing Date: November 14, 2025
    • Redemption Date: February 13, 2026 (91 days)

  • Second Series (GHFL-12-2-26-CP):

    • Allotment Date: November 13, 2025
    • Listing Date: November 14, 2025
    • Redemption Date: February 12, 2026 (91 days)

Impact Assessment

This is a routine debt listing with minimal market impact. The listing of commercial paper provides short-term funding to Godrej Housing Finance Limited and offers institutional investors additional short-term debt investment options with high credit ratings. The instruments have a tenure of approximately 91 days and are primarily relevant for institutional investors and debt market participants. No impact on equity markets or retail investors.

Impact Justification

Routine listing of commercial paper instruments on private placement basis with standard terms and conditions