Description
BSE announces listing of 1500 units of Commercial Paper worth Rs. 75 crores issued by Mahindra Lifespace Developers Ltd on private placement basis, effective November 14, 2025.
Summary
BSE has listed new Commercial Paper issued by Mahindra Lifespace Developers Ltd on private placement basis with effect from November 14, 2025. The instrument comprises 1500 units of Rs. 5,00,000 each (total Rs. 75 crores) with a credit rating of IND A1+. The Commercial Paper matures on February 10, 2026, with YES Bank Ltd acting as the Issuing and Paying Agent.
Key Points
- Issuer: Mahindra Lifespace Developers Ltd
- Security Type: Commercial Paper (Private Placement)
- Quantity: 1500 units
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,75,895 per unit
- Total Issue Size: Rs. 75 crores
- Credit Rating: IND A1+
- ISIN: INE813A14383
- Scrip Code: 730569
- Scrip ID: MLDL131125
- Market Lot: 1 unit
- Trading: Dematerialised form only
- Standard Denomination: Rs. 5 lakhs and multiples thereof
- Tick Size: 1 paise
- Issuing and Paying Agent: YES Bank Ltd
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 dematerialised form under ISIN INE813A14383
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for the securities is 1 paise
- All trades must comply with BSE Debt segment regulations
Important Dates
- Listing Date: November 14, 2025
- Date of Allotment: November 13, 2025
- Redemption Date: February 10, 2026
- Tenure: Approximately 89 days
Impact Assessment
Market Impact: Low - This is a routine commercial paper listing in the debt segment with limited broader market implications.
Investor Impact: The instrument provides short-term investment opportunity for institutional and high net-worth investors seeking highly-rated corporate debt with 89-day maturity. The IND A1+ rating indicates strong credit quality.
Company Impact: Provides short-term funding of Rs. 75 crores for Mahindra Lifespace Developers Ltd at an effective discount rate, supporting working capital requirements.
Operational Impact: Trading members dealing in debt instruments can now trade this commercial paper on BSE Debt segment. For clarifications, members can contact BSE debt department at 22728352/8597/8995/5753/8915.
Impact Justification
Routine commercial paper listing announcement for debt instrument with 89-day tenure. Limited market-wide impact as it affects only debt segment participants dealing with short-term corporate debt.