Description
BSE announces listing of two new Commercial Paper securities issued by BOBCARD LIMITED on private placement basis, totaling Rs. 125 crore, with redemption dates in December 2025.
Summary
BSE has listed two new Commercial Paper securities issued by BOBCARD LIMITED on private placement basis, effective December 01, 2025. The first security (BCL281125) consists of 1,500 units worth Rs. 75 crore with redemption on December 15, 2025, and the second security (BBL281125) consists of 1,000 units worth Rs. 50 crore with redemption on December 12, 2025. Both securities carry an IND A1+ credit rating and ICICI Bank serves as the Issuing and Paying Agent.
Key Points
- Two Commercial Paper securities listed on BSE Debt segment
- Total issue size: Rs. 125 crore (Rs. 75 crore + Rs. 50 crore)
- Face value: Rs. 5,00,000 per unit for both securities
- Credit rating: IND A1+ for both instruments
- Allotment date: November 28, 2025
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: ICICI Bank
Security Details
Security 1 (BCL281125):
- Scrip Code: 730676
- ISIN: INE027214902
- Quantity: 1,500 units
- Issue Price: Rs. 498,537.00
- Redemption Date: December 15, 2025
Security 2 (BBL281125):
- Scrip Code: 730678
- ISIN: INE027214910
- Quantity: 1,000 units
- Issue Price: Rs. 498,794.50
- Redemption Date: December 12, 2025
Regulatory Changes
No regulatory changes announced in this circular.
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 observed for all trades
- Market lot is 1 unit for both securities
Important Dates
- Listing Date: December 01, 2025
- Allotment Date: November 28, 2025
- Redemption Date (BCL281125): December 15, 2025
- Redemption Date (BBL281125): December 12, 2025
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The short-term debt instruments (11-17 day tenure) represent standard working capital financing for BOBCARD LIMITED. The IND A1+ rating indicates high credit quality. Trading members and debt market participants can access these instruments for short-term investment strategies. No significant operational or market-wide implications beyond normal debt market activity.
Impact Justification
Routine commercial paper listing announcement with no broader market implications. Standard debt instrument listing for short-term financing needs.