Description

BSE announces the listing of 4000 Commercial Papers of Rs. 5,00,000/- each issued by Motilal Oswal Financial Services Limited on private placement basis, with redemption date of 27/05/2026.

Summary

BSE has listed new Commercial Papers issued by Motilal Oswal Financial Services Limited on private placement basis. The securities are admitted to trading on the BSE Debt segment with effect from November 14, 2025. Total issue consists of 4000 Commercial Papers of face value Rs. 5,00,000/- each, with a total value of Rs. 200 crores.

Key Points

  • Security Type: Commercial Paper issued on private placement basis
  • Quantity: 4000 units
  • Face Value: Rs. 5,00,000/- per unit
  • Issue Price: Rs. 4,81,207/- per unit
  • Market Lot: 1 unit
  • Scrip Code: 729763
  • Scrip ID: MOFSL2725A
  • ISIN: INE338I14KP9 (Further listing under same ISIN)
  • Credit Rating: ICRA A1+, IND A1+
  • Issuing and Paying Agent: HDFC Bank Ltd
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes introduced by this circular. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE338I14KP9
  • Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities are to be traded on the BSE Debt segment

Important Dates

  • Notice Date: November 14, 2025
  • Date of Allotment: November 13, 2025
  • Listing Date: November 14, 2025
  • Redemption Date: May 27, 2026
  • Tenure: Approximately 6 months

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing on the debt segment affecting only debt market participants interested in short-term corporate debt instruments.

Operational Impact: Trading members dealing in debt securities can now trade these commercial papers in standard lots of Rs. 5 lakhs. The high credit ratings (ICRA A1+, IND A1+) indicate low credit risk.

Investor Impact: Provides institutional and qualified investors with an additional short-term investment option from a reputed financial services company with strong credit ratings. The discount to face value (issue price of Rs. 4,81,207 versus face value of Rs. 5,00,000) provides a yield to maturity for investors.

Impact Justification

Routine commercial paper listing on private placement basis with no impact on equity trading or broader market operations