Description

BSE announces listing of two series of Commercial Paper issued by Godrej Housing Finance Limited on private placement basis, totaling Rs. 350 crores, with CRISIL A1+ and ICRA A1+ ratings.

Summary

BSE has listed two series of Commercial Paper issued by Godrej Housing Finance Limited on a private placement basis, effective November 26, 2025. The first series (GHF251125) consists of 4,000 units with allotment date of November 25, 2025, and redemption on February 24, 2026. The second series (GHF261125) consists of 3,000 units with allotment date of November 26, 2025, and redemption on February 25, 2026. Both securities carry CRISIL A1+ and ICRA A1+ credit ratings.

Key Points

  • Two Commercial Paper series listed on BSE Debt segment
  • Total issuance: Rs. 350 crores (7,000 units × Rs. 5 lakhs each)
  • Face value: Rs. 5,00,000 per unit for both series
  • Issue price: Rs. 4,92,467.50 per unit (discount of approximately 1.5%)
  • Credit ratings: CRISIL A1+ and ICRA A1+
  • Issuing and Paying Agent: ICICI Bank Limited
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Security Details

Series 1 (GHF251125)

  • Scrip Code: 730654
  • ISIN: INE02JD14690
  • Quantity: 4,000 units
  • Allotment Date: November 25, 2025
  • Redemption Date: February 24, 2026
  • Tenure: 91 days

Series 2 (GHF261125)

  • Scrip Code: 730656
  • ISIN: INE02JD14708
  • Quantity: 3,000 units
  • Allotment Date: November 26, 2025
  • Redemption Date: February 25, 2026
  • Tenure: 91 days

Regulatory Changes

No regulatory changes announced. This is a routine listing notification for privately placed debt securities.

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
  • Market lot size is 1 unit
  • Tick size of 1 paise must be followed for price quotations

Important Dates

  • Listing Date: November 26, 2025 (effective immediately)
  • Series 1 Allotment: November 25, 2025
  • Series 1 Redemption: February 24, 2026
  • Series 2 Allotment: November 26, 2025
  • Series 2 Redemption: February 25, 2026

Impact Assessment

This is a routine administrative notification with minimal market impact. The listing of Commercial Paper by Godrej Housing Finance Limited provides short-term funding for the company and offers investment opportunities for institutional investors in the debt market segment. The strong credit ratings (CRISIL A1+ and ICRA A1+) indicate high credit quality and safety. The issuance does not affect equity markets or require action from retail investors. Trading members dealing in debt securities should note the new listings for their operations.

Impact Justification

Routine listing of commercial paper for debt market segment with no impact on equity trading or broad market operations