Description
BSE announces listing of Commercial Paper worth Rs. 2,125 crore issued by Reliance Retail Ventures Limited on private placement basis with 91-day maturity.
Summary
BSE has listed new Commercial Paper issued by Reliance Retail Ventures Limited on private placement basis. The securities totaling 42,500 units of Rs. 5,00,000 each (aggregate value Rs. 2,125 crore) are admitted to trading on the BSE Debt segment effective November 26, 2025. The Commercial Paper carries top-tier credit ratings from CARE (A1+) and CRISIL (A1+), with ICICI Bank Limited acting as the Issuing and Paying Agent.
Key Points
- Commercial Paper quantity: 42,500 units of Rs. 5 lakh face value each
- Total issue size: Rs. 2,125 crore
- Scrip Code: 730658, Scrip ID: RRVL251125
- ISIN: INE929O14EK7
- Issue price: Rs. 4,92,582.50 per unit (discount to face value)
- Credit ratings: CARE A1+ and CRISIL A1+
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes. This is a standard listing notification for debt securities issued on private placement basis.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE929O14EK7
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Market lot size is 1 unit
- Trading members requiring clarification should contact BSE debt department on specified phone numbers (22728352/8597/8995/5753/8915)
Important Dates
- Allotment Date: November 25, 2025
- Listing Date: November 26, 2025
- Redemption Date: February 24, 2026
- Tenor: 91 days
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing by Reliance Retail Ventures Limited, a well-established corporate entity. The instrument is designed for institutional investors and does not affect retail market dynamics.
Operational Impact: Limited to trading members dealing in debt securities. Standard operational procedures apply for trading dematerialized debt instruments.
Credit Quality: High credit quality indicated by dual A1+ ratings from CARE and CRISIL, representing highest degree of safety regarding timely payment of financial obligations. The discount to face value (Rs. 4,92,582.50 vs Rs. 5,00,000) implies an implicit yield for the 91-day period.
Liquidity: Commercial papers typically have limited secondary market liquidity as they are usually held till maturity by institutional investors.
Impact Justification
Routine commercial paper listing by Reliance Retail Ventures Limited. Standard debt instrument with short-term maturity and high credit ratings (CARE A1+, CRISIL A1+). Limited market-wide impact as it involves institutional investors only.