Description

DSP Finance Private Limited has listed 900 Commercial Papers of Rs. 5 lakh each on BSE Debt segment, with ICRA A1+ rating, issued on 24 November 2025 and maturing on 23 February 2026.

Summary

BSE has announced the listing of new Commercial Paper issued by DSP Finance Private Limited on a private placement basis. The listing became effective on 25 November 2025 on the BSE Debt segment. The instrument comprises 900 units of Commercial Paper with a face value of Rs. 5,00,000 each, carrying an ICRA A1+ credit rating.

Key Points

  • Issuer: DSP Finance Private Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 900 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,303.50 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730640
  • Scrip ID: DSP241125
  • ISIN: INE422H14123
  • Credit Rating: ICRA A1+
  • Issuing and Paying Agent: ICICI Bank Limited
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes announced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE422H14123
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • The tick size for the securities is 1 paise
  • Trading members requiring clarification may contact the debt department at BSE on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: 24 November 2025
  • Listing Date: 25 November 2025
  • Redemption Date: 23 February 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides short-term debt market participants with an additional ICRA A1+ rated investment option from DSP Finance Private Limited. The total issue size is Rs. 45 crore (900 units × Rs. 5 lakh each), which is standard for corporate commercial paper issuances. The discount of approximately 1.74% (issue price vs. face value) reflects the prevailing short-term interest rate environment for highly-rated instruments. Impact is limited to debt market participants and does not affect equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing notification affecting debt market participants only, with no broader market implications or regulatory changes.