Description

BSE lists 2000 units of Commercial Paper issued by SBICAP Securities Limited on private placement basis with Rs. 5 lakh face value each, maturing on 20th February 2026.

Summary

BSE has listed new Commercial Paper issued by SBICAP Securities Limited on private placement basis. The listing comprises 2000 units with a face value of Rs. 5,00,000 each, totaling Rs. 100 crore. The securities are rated CRISIL A1+ and ICRA A1+, indicating the highest credit quality for short-term debt instruments. State Bank of India serves as the Issuing and Paying Agent.

Key Points

  • Issuer: SBICAP Securities Limited
  • Instrument Type: Commercial Paper (private placement)
  • Quantity: 2000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,845.50 per unit
  • Scrip Code: 730627
  • Scrip ID: SSL211125
  • ISIN: INE212K14CQ7
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Market Lot: 1 unit
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes are introduced through this circular. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN number
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members should use the tick size of 1 paise for price quotations
  • For clarifications, trading members may contact the BSE debt department at the provided contact numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: 24th November 2025
  • Allotment Date: 21st November 2025
  • Listing Date: 24th November 2025 (effective from today)
  • Redemption Date: 20th February 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to the BSE Debt segment. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness.

Operational Impact: Limited to debt segment trading members who deal with commercial paper of SBICAP Securities Limited. The standard trading parameters align with existing BSE debt market practices.

Investor Impact: Provides institutional investors and high net-worth individuals with an additional short-term investment option in highly-rated commercial paper with a 3-month maturity period. The discount to face value (issue price of Rs. 4,91,845.50 versus face value of Rs. 5,00,000) represents the implicit interest return.

Impact Justification

Routine commercial paper listing with no regulatory changes or broad market implications. Affects only debt segment trading members dealing with SBICAP Securities' commercial paper.