Description

BSE announces listing of 500 Commercial Papers worth Rs. 25 crore issued by Satin Creditcare Network Limited on private placement basis with ICRA A1+ rating.

Summary

BSE has listed new Commercial Papers issued by Satin Creditcare Network Limited on private placement basis, effective November 24, 2025. The issue comprises 500 Commercial Papers with a face value of Rs. 5,00,000 each, totaling Rs. 25 crore. The securities are rated ICRA A1+ and will be traded in dematerialized form on the BSE Debt segment.

Key Points

  • Issuer: Satin Creditcare Network Limited
  • Instrument: Commercial Paper (Private Placement)
  • Quantity: 500 securities
  • Face Value: Rs. 5,00,000 per security
  • Issue Price: Rs. 4,57,146 per security
  • Total Issue Size: Rs. 25 crore
  • Credit Rating: ICRA A1+
  • Scrip Code: 730634
  • Scrip ID: SCN211125
  • ISIN: INE836B14333
  • Market Lot: 1
  • Tick Size: 1 paise
  • Issuing and Paying Agent: Axis Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE836B14333
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on the BSE Debt segment with the specified scrip code and parameters

Important Dates

  • Notice Date: November 24, 2025
  • Listing Effective Date: November 24, 2025
  • Date of Allotment: November 21, 2025
  • Date of Redemption: November 20, 2026
  • Tenor: Approximately 365 days

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that expands short-term debt instruments available on BSE’s debt segment.

Operational Impact: Trading members can now trade these Commercial Papers in the debt segment. The securities follow standard trading norms with dematerialized trading requirements.

Investor Impact: Provides institutional and eligible investors with an additional A1+ rated short-term debt investment option from Satin Creditcare Network Limited with approximately one-year maturity.

Impact Justification

Routine commercial paper listing notification with standard terms for debt segment trading