Description

500 units of Commercial Paper worth Rs. 25 crores listed on BSE Debt segment with ICRA A1+ rating, maturing on November 20, 2026.

Summary

BSE has listed new Commercial Paper issued by SATIN CREDITCARE NETWORK LIMITED on private placement basis. The instrument consists of 500 units with face value of Rs. 5,00,000 each (total Rs. 25 crores), carrying ICRA A1+ credit rating. The securities are admitted to dealings on BSE Debt segment effective November 24, 2025.

Key Points

  • Issuer: SATIN CREDITCARE NETWORK LIMITED
  • Instrument: Commercial Paper (Private Placement)
  • Quantity: 500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,57,146 per unit
  • Total Issue Size: Rs. 25 crores (face value)
  • Scrip Code: 730634
  • Scrip ID: SCN211125
  • ISIN: INE836B14333
  • Credit Rating: ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: Axis Bank Limited
  • Trading: Dematerialised form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof

Regulatory Changes

No regulatory changes. This is a routine listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE836B14333
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be observed for all transactions
  • Trading members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 21, 2025
  • Listing Date: November 24, 2025
  • Redemption Date: November 20, 2026
  • Tenure: Approximately 12 months

Impact Assessment

Market Impact: Minimal. This is a standard commercial paper listing that adds short-term debt instruments to the BSE Debt segment. The issue size of Rs. 25 crores is relatively small and impacts only debt market participants.

Operational Impact: Trading members dealing in debt securities can now trade this commercial paper. The instrument provides a short-term investment option with ICRA A1+ rating, indicating high credit quality.

Investor Impact: Relevant for institutional investors and high net-worth individuals seeking short-term debt instruments with approximately 12-month maturity. The A1+ rating suggests strong credit quality and low default risk.

Impact Justification

Routine commercial paper listing notification with no market-wide impact, relevant only to debt segment participants and the issuing company.