Description
Axis Finance Limited's commercial paper of Rs. 100 crore (2000 units of Rs. 5 lakh each) listed on BSE Debt segment, maturing on February 6, 2026.
Summary
BSE has listed new Commercial Paper issued by Axis Finance Limited on private placement basis, effective November 14, 2025. The instrument comprises 2000 units of Rs. 5 lakh each (total Rs. 100 crore) with 85-day tenure, maturing on February 6, 2026. The paper carries dual credit ratings of CRISIL A1+ and IND A1+, with Axis Bank Limited serving as the Issuing and Paying Agent.
Key Points
- Instrument: Commercial Paper on private placement basis
- Face Value: Rs. 5,00,000 per unit
- Issue Size: 2000 units (Rs. 100 crore total)
- Issue Price: Rs. 4,92,522 per unit
- Scrip Code: 729145
- Scrip ID: AXFL28325
- Detail Name: AXFL-6-2-26-CP
- ISIN: INE891K14OW1 (Further listing under same ISIN)
- Credit Rating: CRISIL A1+, IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
- Standard Denomination: Rs. 5 lakhs and multiples thereof
- Issuing and Paying Agent: Axis Bank Limited
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 INE891K14OW1
- Trading must occur in standard denominations of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise must be observed for all transactions
- For clarifications, trading members should contact BSE Debt Department at 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: November 13, 2025
- Listing Date: November 14, 2025
- Redemption Date: February 6, 2026
- Tenure: 85 days
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to BSE’s debt segment. The instrument provides additional trading options for institutional investors in the debt market.
Issuer Profile: Axis Finance Limited is part of the Axis Bank group, and the dual A1+ ratings from CRISIL and IND indicate highest safety regarding timely payment of financial obligations.
Trading Implications: The instrument is restricted to institutional participants given the Rs. 5 lakh minimum denomination. The 85-day maturity makes it suitable for short-term liquidity management by institutional investors.
Impact Justification
Routine commercial paper listing announcement with no market-wide implications, affecting only debt segment participants dealing with Axis Finance Limited instruments