Description

BSE announces listing of 6000 Commercial Papers of IGH Holdings Private Limited valued at Rs. 5 lakhs each, totaling Rs. 300 crores, with redemption date of February 18, 2026.

Summary

BSE has listed new Commercial Paper issued by IGH Holdings Private Limited on private placement basis effective November 20, 2025. The issue comprises 6000 units of Commercial Paper with a face value of Rs. 5,00,000 each, totaling Rs. 300 crores. The securities carry credit ratings of CARE A1+ and CRISIL A1+, indicating highest safety for short-term debt instruments. The issue is priced at Rs. 4,91,695 per unit with a redemption date of February 18, 2026, representing a tenure of approximately 90 days.

Key Points

  • 6000 units of Commercial Paper listed on BSE Debt segment
  • Face value and paid-up value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,91,695 per unit (discount of Rs. 8,305 per unit)
  • Total issue size: Rs. 300 crores
  • Scrip Code: 730599, Scrip ID: IGHH191125
  • ISIN: INE02FN14671 (further listing under same ISIN)
  • Credit Rating: CARE A1+ and CRISIL A1+ (highest short-term rating)
  • Market lot: 1 unit
  • Allotment date: November 20, 2025
  • Redemption date: February 18, 2026
  • Issuing and Paying Agent: Axis Bank Limited
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing announcement for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE02FN14671
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded with tick size of 1 paise
  • For clarifications, trading members should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: November 20, 2025
  • Allotment Date: November 20, 2025
  • Redemption Date: February 18, 2026
  • Tenure: Approximately 90 days

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing on private placement basis affecting only the debt market segment. The listing adds Rs. 300 crores of short-term debt instruments to the BSE platform.

Investor Impact: Relevant only for institutional and high net-worth investors in debt market who invest in commercial papers. The dual A1+ rating from CARE and CRISIL indicates highest credit quality for short-term instruments.

Operational Impact: No impact on equity markets or general trading operations. Debt segment participants can trade these instruments in standard lots of Rs. 5 lakhs.

Impact Justification

Routine commercial paper listing on private placement basis with no market-wide impact; only relevant to debt market participants and investors in IGH Holdings Private Limited instruments