Description
J.K. Cement Limited's Commercial Paper worth Rs. 50 crore listed on BSE Debt segment with CARE A1+ rating, maturing on February 23, 2026.
Summary
BSE has listed Commercial Paper issued by J.K. Cement Limited on private placement basis in the Debt segment effective November 25, 2025. The issue consists of 1,000 units of Rs. 5 lakh each, totaling Rs. 50 crore, with a tenor of 91 days maturing on February 23, 2026. The paper carries a CARE A1+ credit rating and was issued at a discount of Rs. 492,534 per unit.
Key Points
- Issuer: J.K. Cement Limited
- Instrument: Commercial Paper (Private Placement)
- Total Issue Size: Rs. 50 crore (1,000 units × Rs. 5 lakh)
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,92,534 per unit (discount of Rs. 7,466)
- Scrip Code: 730643
- Scrip ID: JKCL241125
- ISIN: INE823G14BA5
- Credit Rating: CARE A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing & Paying Agent: IDBI Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for a new debt instrument.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE823G14BA5
- Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment with tick size of 1 paise
- For clarifications, trading members may contact BSE Debt Department at 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: November 24, 2025
- Listing Date: November 25, 2025
- Redemption Date: February 23, 2026
- Tenor: 91 days
Impact Assessment
Market Impact: Minimal. This is a routine short-term debt instrument listing with limited market-wide significance.
Operational Impact: Relevant only to debt market participants and institutional investors trading in commercial paper. The instrument provides J.K. Cement with short-term working capital financing at competitive rates, as evidenced by the CARE A1+ rating (highest short-term rating).
Investor Impact: Available only to institutional and qualified investors in the debt market dealing with commercial paper instruments in minimum lots of Rs. 5 lakh.
Impact Justification
Routine commercial paper listing with no market-wide implications, relevant only to debt market participants trading J.K. Cement securities