Description

BSE announces listing of Commercial Paper worth Rs. 45 crore issued by DSP Finance Private Limited on private placement basis, effective November 25, 2025.

Summary

BSE has listed new Commercial Paper issued by DSP Finance Private Limited on private placement basis with effect from November 25, 2025. The instrument comprises 900 units of Rs. 5,00,000 each, totaling Rs. 45 crore, with a 91-day tenure maturing on February 23, 2026. The commercial paper is rated ICRA A1+ and will be traded exclusively in dematerialized form.

Key Points

  • Securities: Commercial Paper issued on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Total Quantity: 900 units (Rs. 45 crore)
  • Issue Price: Rs. 4,91,303.50 per unit
  • Scrip Code: 730640
  • Scrip ID: DSP241125
  • ISIN: INE422H14123
  • Credit Rating: ICRA A1+
  • Market Lot: 1 unit
  • Trading permitted only in dematerialized form
  • Issuing and Paying Agent: ICICI Bank Limited
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE422H14123
  • Trading shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 24, 2025
  • Listing Date: November 25, 2025
  • Date of Redemption: February 23, 2026
  • Notice Date: November 25, 2025

Impact Assessment

This listing has minimal market impact as it represents a routine short-term debt instrument issuance. The commercial paper is limited to institutional and qualified investors in the debt market segment. With a strong ICRA A1+ rating and ICICI Bank as the paying agent, the instrument carries low credit risk. The 91-day tenure and private placement nature limit its broader market significance. Trading members dealing in debt securities should note the listing for their clients interested in high-rated short-term debt instruments.

Impact Justification

Routine commercial paper listing with no broad market impact, affects only debt segment trading members and investors in DSP Finance commercial paper