Description

BSE announces listing of Rs. 100 crore Commercial Paper issued by SBICAP Securities Limited on private placement basis, effective November 26, 2025.

Summary

BSE has listed new Commercial Paper issued by SBICAP Securities Limited on private placement basis, effective November 26, 2025. The instrument comprises 2,000 units of Rs. 5,00,000 face value each, totaling Rs. 100 crore, with a 91-day tenure maturing on February 24, 2026. The securities carry CRISIL A1+ and ICRA A1+ credit ratings and will trade exclusively in dematerialized form on the BSE Debt segment.

Key Points

  • Commercial Paper of Rs. 5,00,000 face value per unit listed on BSE Debt segment
  • Total quantity: 2,000 units (Rs. 100 crore aggregate)
  • Scrip Code: 730648, Scrip ID: SBIS251125
  • ISIN: INE212K14CR5
  • Credit Rating: CRISIL A1+ and ICRA A1+ (highest short-term rating)
  • Issue Price: Rs. 4,91,845.50 per unit (discount to face value)
  • Allotment Date: November 25, 2025
  • Redemption Date: February 24, 2026 (91-day tenure)
  • Issuing and Paying Agent: State Bank of India
  • Market Lot: 1 unit
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE212K14CR5
  • Securities must be traded in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be observed for all trades
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • November 25, 2025: Deemed date of allotment
  • November 26, 2025: Listing and commencement of trading on BSE Debt segment
  • February 24, 2026: Redemption date (maturity)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to the BSE Debt segment. The listing provides an additional trading avenue for institutional investors and debt market participants.

Operational Impact: Limited to trading members dealing in debt securities. The high credit ratings (A1+) indicate strong creditworthiness, suggesting low default risk for investors.

Liquidity: The Rs. 5 lakh minimum trading denomination restricts participation to institutional and high-net-worth investors, typical for commercial paper instruments.

Investor Interest: The discount pricing (Rs. 4,91,845.50 vs Rs. 5,00,000 face value) provides implicit yield over the 91-day tenure, making it attractive for short-term treasury management by institutional investors.

Impact Justification

Routine commercial paper listing announcement with no broader market impact; affects only debt segment participants trading in SBICAP Securities instruments