Description

BSE lists two series of commercial paper issued by BOBCARD LIMITED on private placement basis, totaling Rs. 125 crore, with maturities in December 2025.

Summary

BSE has listed two series of commercial paper issued by BOBCARD LIMITED on private placement basis, effective December 1, 2025. The total issuance comprises 2,500 commercial papers with an aggregate face value of Rs. 125 crore. Both series are rated IND A1+ and will be traded exclusively in dematerialized form through ICICI Bank as the Issuing and Paying Agent.

Key Points

  • Two commercial paper series listed on BSE Debt segment
  • Series 1 (BCL281125): 1,500 units at Rs. 5 lakh face value each, maturing December 15, 2025
  • Series 2 (BBL281125): 1,000 units at Rs. 5 lakh face value each, maturing December 12, 2025
  • Credit Rating: IND A1+ for both series
  • Trading in dematerialized form only with standard denomination of Rs. 5 lakhs
  • Tick size: 1 paise
  • Issuing and Paying Agent: ICICI Bank

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 specified ISIN numbers
  • Transactions must be in standard denomination of Rs. 5 lakhs and multiples thereof
  • Minimum market lot is 1 unit

Important Dates

  • Allotment Date: November 28, 2025
  • Listing Date: December 1, 2025
  • Redemption Date (Series 1 - BCL281125): December 15, 2025
  • Redemption Date (Series 2 - BBL281125): December 12, 2025

Impact Assessment

Market Impact

Minimal market impact as these are short-term commercial papers with tenures of 12-15 days. The instruments are designed for institutional investors and will have limited retail participation due to high denomination requirements.

Operational Impact

Trading members of BSE can now trade these instruments on the Debt segment. The dematerialized-only trading requirement ensures electronic settlement and reduces operational risks.

Details of Listed Securities

Series 1 (BCL-15-12-25-CP)

  • Scrip Code: 730676
  • Scrip ID: BCL281125
  • ISIN: INE027214902
  • Quantity: 1,500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,98,537 per unit
  • Implied Discount: Rs. 1,463 per unit

Series 2 (BBL-12-12-25-CP)

  • Scrip Code: 730678
  • Scrip ID: BBL281125
  • ISIN: INE027214910
  • Quantity: 1,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,98,794.50 per unit
  • Implied Discount: Rs. 1,205.50 per unit

Impact Justification

Routine commercial paper listing with short tenures (12-15 days). Limited market impact as these are private placement debt instruments for a single issuer.