Description

BSE lists two series of commercial paper issued by 360 ONE WAM Limited on private placement basis, totaling Rs. 600 crores, with maturities in February and May 2026.

Summary

BSE has listed two series of commercial paper issued by 360 ONE WAM Limited (formerly IIFL Wealth Management) on private placement basis. The first series comprises 200 units of Rs. 5 lakh each maturing on May 25, 2026, and the second series comprises 1,000 units of Rs. 5 lakh each maturing on February 23, 2026. Both series carry CARE A1+ and ICRA A1+ ratings, with HDFC Bank serving as the issuing and paying agent.

Key Points

  • Two series of commercial paper listed on BSE Debt segment effective November 25, 2025
  • Series 1: 200 units (Rs. 100 crores) maturing May 25, 2026, issue price Rs. 481,975.50 per unit
  • Series 2: 1,000 units (Rs. 500 crores) maturing February 23, 2026, issue price Rs. 491,279 per unit
  • Date of allotment: November 24, 2025
  • Credit ratings: CARE A1+ and ICRA A1+
  • Face value and paid-up value: Rs. 5,00,000 per unit
  • HDFC Bank appointed as issuing and paying agent
  • Trading only in dematerialized form

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for securities is 1 paise
  • Market lot is 1 unit

Important Dates

  • Allotment Date: November 24, 2025
  • Listing Date: November 25, 2025
  • Redemption Date (Series 1 - INE466L14FH9): May 25, 2026
  • Redemption Date (Series 2 - INE466L14FI7): February 23, 2026

Impact Assessment

This is a routine debt listing with minimal market impact. The commercial paper issuance provides short-term funding for 360 ONE WAM Limited and offers debt market participants additional investment options in the A1+ rated category. No impact on equity markets or trading operations. Trading members dealing in debt securities can access these instruments for their clients seeking short-term debt exposure with high credit quality.

Impact Justification

Routine listing of commercial paper on private placement basis with no impact on equity markets or broader trading operations