Description

Commercial paper worth Rs. 60 crore issued by Fedbank Financial Services Limited listed on BSE Debt segment with 90-day tenor and 6.97% interest rate.

Summary

BSE has listed new commercial paper issued by Fedbank Financial Services Limited on private placement basis with effect from November 25, 2025. The issue consists of 1,200 units of commercial paper with a face value of Rs. 5 lakh each, totaling Rs. 60 crore. The securities carry a CRISIL A1+ and ICRA A1+ rating with a 90-day tenor and cumulative interest rate of 6.97% per annum.

Key Points

  • Quantity: 1,200 units with market lot of 1
  • Scrip Code: 730639, Scrip ID: FFSL241125
  • ISIN: INE007N14EI8
  • Face Value and Issue Price: Rs. 5,00,000 per unit
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Interest Rate: 6.97% per annum (cumulative)
  • Date of Allotment: November 24, 2025
  • Redemption Date: February 23, 2026
  • Trading mode: Dematerialized form only
  • Tick size: 1 paise
  • No put/call option available

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 INE007N14EI8
  • Members should refer to the Placement Memorandum available on BSE website for complete details
  • For clarifications, trading members can contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 24, 2025
  • Listing Date: November 25, 2025
  • Interest Payment Date: February 23, 2026
  • Redemption Date: February 23, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument is a short-term debt security (90-day tenor) issued on private placement basis by Fedbank Financial Services Limited, an NBFC. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness. The listing expands debt market offerings but has limited systemic significance given the private placement nature and standard commercial paper structure.

Impact Justification

Routine listing of commercial paper by NBFC on private placement basis with standard terms and limited market-wide impact