Description

BSE announces listing of Commercial Paper issued by Godrej Housing Finance Limited totaling Rs. 350 Crores across two series with CRISIL A1+ and ICRA A1+ ratings.

Summary

BSE has listed two series of Commercial Paper issued by Godrej Housing Finance Limited on private placement basis. The first series consists of 4,000 units (Rs. 200 Crores) allotted on November 25, 2025, with redemption on February 24, 2026. The second series consists of 3,000 units (Rs. 150 Crores) allotted on November 26, 2025, with redemption on February 25, 2026. Both series carry CRISIL A1+ and ICRA A1+ ratings with ICICI Bank Limited as the Issuing and Paying Agent.

Key Points

  • Two series of Commercial Paper listed on BSE Debt segment effective November 26, 2025
  • Series 1 (GHF251125): 4,000 units of Rs. 5 Lakhs each, total value Rs. 200 Crores
  • Series 2 (GHF261125): 3,000 units of Rs. 5 Lakhs each, total value Rs. 150 Crores
  • Face value: Rs. 5,00,000 per unit for both series
  • Issue price: Rs. 4,92,467.50 per unit (discount of Rs. 7,532.50)
  • Credit ratings: CRISIL A1+ and ICRA A1+
  • ICICI Bank Limited appointed as Issuing and Paying Agent
  • Trading permitted only in dematerialized form
  • Standard denomination: Rs. 5 Lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Tick size of 1 paise must be followed for price movements
  • For clarifications, trading members should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Series 1 Allotment Date: November 25, 2025
  • Series 1 Redemption Date: February 24, 2026 (91 days tenure)
  • Series 2 Allotment Date: November 26, 2025
  • Series 2 Redemption Date: February 25, 2026 (91 days tenure)
  • Listing Effective Date: November 26, 2025

Impact Assessment

This is a routine administrative circular with minimal market impact. It affects only debt market participants interested in trading Commercial Paper of Godrej Housing Finance Limited. The listing provides short-term debt instruments (approximately 3-month tenure) for institutional investors and debt traders. The high credit ratings (A1+) indicate strong short-term creditworthiness. Total fundraising of Rs. 350 Crores through these instruments supports the company’s short-term funding requirements.

Impact Justification

Routine commercial paper listing notification for debt segment. Affects only debt market participants trading in Godrej Housing Finance securities.