Description
BSE announces listing of Rs. 100 crore Commercial Paper issued by Kirloskar Ferrous Industries Limited on private placement basis with redemption date of February 26, 2026.
Summary
BSE notifies the listing of new Commercial Paper issued by Kirloskar Ferrous Industries Limited on private placement basis. The issue consists of 2,000 units of Rs. 5,00,000 each (total Rs. 100 crore) with an ICRA A1+ credit rating. The securities are listed on BSE Debt segment effective December 1, 2025.
Key Points
- Total issue size: Rs. 100 crore (2,000 units × Rs. 5,00,000)
- Issue price: Rs. 4,92,291.92 per unit (at discount to face value)
- Credit rating: ICRA A1+
- Scrip Code: 730673
- Scrip ID: KFIL281125
- ISIN: INE884B14713
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
- Issuing and Paying Agent: Kotak Mahindra Bank Limited
Regulatory Changes
No regulatory changes. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE884B14713
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Market lot size is 1 unit
Important Dates
- Listing date: December 1, 2025
- Allotment date: November 28, 2025
- Redemption date: February 26, 2026
- Tenure: 90 days (approximately)
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The listing provides short-term debt financing to Kirloskar Ferrous Industries Limited and offers investment opportunities to debt market participants. The ICRA A1+ rating indicates adequate safety for investors. Impact is limited to debt market participants and does not affect equity markets.
Impact Justification
Routine commercial paper listing notification for debt market participants only, with no impact on equity markets or broader regulatory changes.