Description

BSE announces listing of Rs. 100 crore Commercial Paper issued by DSP Finance Private Limited with ICRA A1+ rating, maturing on February 18, 2026.

Summary

BSE has listed new Commercial Paper issued by DSP Finance Private Limited on private placement basis in the Debt segment effective November 21, 2025. The instrument comprises 2,000 units of Rs. 5 lakh each (total Rs. 100 crore) with a tenure of approximately 3 months, carrying ICRA A1+ credit rating. ICICI Bank Limited serves as the Issuing and Paying Agent.

Key Points

  • Issuer: DSP Finance Private Limited
  • Instrument: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 100 crore (2,000 units × Rs. 5,00,000)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,278 per unit
  • Credit Rating: ICRA A1+
  • Scrip Code: 730619
  • Scrip ID: DFPL201125
  • ISIN: INE422H14115
  • Market Lot: 1 unit
  • Trading Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade the securities only in dematerialized form under ISIN INE422H14115
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples
  • Tick size of 1 paise must be observed for all transactions
  • Trading members requiring clarification should contact BSE Debt Department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 20, 2025
  • Listing Date: November 21, 2025
  • Redemption Date: February 18, 2026
  • Notice Date: November 21, 2025

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing on the debt segment affecting only institutional investors and trading members dealing in debt instruments.

Operational Impact: Limited to debt segment trading members who may trade this instrument. The 3-month maturity period indicates short-term working capital financing by DSP Finance Private Limited.

Investor Relevance: Relevant only for debt market participants seeking highly-rated (A1+) short-term debt instruments with approximately 7% annualized yield (based on discount to face value).

Impact Justification

Routine commercial paper listing announcement with no market-wide impact; affects only debt segment trading members dealing with this specific instrument