Description
SG FINSERVE LIMITED has listed 500 Commercial Papers worth Rs. 5,00,000/- each on BSE Debt segment, maturing on 30/12/2025.
Summary
SG FINSERVE LIMITED has listed 500 units of Commercial Paper on BSE Debt segment through private placement. Each paper has a face value of Rs. 5,00,000/- with an issue price of Rs. 4,95,344/-. The instruments carry an ICRA A1+ rating and will mature on 30th December 2025.
Key Points
- 500 Commercial Papers listed with Scrip Code 730565 and Scrip ID SGF131125
- Face Value: Rs. 5,00,000/- per unit
- Issue Price: Rs. 4,95,344/- per unit
- ISIN Number: INE618R14026
- Credit Rating: ICRA A1+
- Market Lot: 1 unit
- Trading only in dematerialized form
- Standard denomination: Rs. 5 Lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: YES BANK LIMITED
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE618R14026
- Trading must be conducted in standard denomination of Rs. 5 Lakhs and multiples thereof
- Tick size of 1 paise must be followed for price movements
Important Dates
- Date of Allotment: 13th November 2025
- Listing Date: 14th November 2025
- Redemption Date: 30th December 2025
- Notice Date: 14th November 2025
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The short tenure (47 days from allotment to redemption) and private placement nature limit broader market implications. The ICRA A1+ rating indicates high credit quality. Trading members in the debt segment can participate in these instruments following standard debt trading protocols.
Impact Justification
Routine commercial paper listing with short tenure and limited market-wide impact