Description

BSE lists new Commercial Paper worth Rs. 25 crore issued by Fedbank Financial Services Limited on private placement basis, with 91-day tenor maturing on 27 February 2026.

Summary

BSE has listed new Commercial Paper (CP) issued by Fedbank Financial Services Limited on private placement basis. The instrument comprises 500 units of Rs. 5 lakh face value each, totaling Rs. 25 crore, with a 91-day tenor. The CP is rated CRISIL A1+ and ICRA A1+, indicating highest safety for short-term debt instruments. Federal Bank Limited acts as the Issuing and Paying Agent.

Key Points

  • Issuer: Fedbank Financial Services Limited
  • Instrument: Commercial Paper (private placement)
  • Total Issue Size: Rs. 25 crore (500 units × Rs. 5,00,000)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,688.50 per unit (discount of Rs. 8,311.50)
  • Market Lot: 1 unit
  • Scrip Code: 730674
  • Scrip ID: FFSL281125
  • ISIN: INE007N14EL2
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Allotment Date: 28 November 2025
  • Redemption Date: 27 February 2026
  • Tenor: 91 days
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise
  • Issuing & Paying Agent: Federal Bank Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade the Commercial Paper only in dematerialized form under ISIN INE007N14EL2
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Minimum trading lot is 1 unit (Rs. 5,00,000)
  • Tick size for price movements is 1 paise

Important Dates

  • Notice Date: 01 December 2025
  • Listing Date: 01 December 2025
  • Allotment Date: 28 November 2025
  • Redemption Date: 27 February 2026

Impact Assessment

Market Impact: Minimal. This is a routine Commercial Paper listing by an NBFC (Fedbank Financial Services Limited) in the debt market segment. The instrument is wholesale in nature with Rs. 5 lakh minimum denomination, restricting participation to institutional and HNI investors.

Liquidity: Limited secondary market liquidity expected given the short 91-day tenor and private placement nature.

Investor Base: Restricted to qualified institutional buyers and sophisticated investors in the debt market. No impact on retail equity investors.

Credit Quality: Strong credit ratings (CRISIL A1+ and ICRA A1+) indicate highest degree of safety for principal and interest payments, reflecting low credit risk for investors.

Impact Justification

Routine commercial paper listing by NBFC with standard 91-day tenor; affects only debt market participants trading in wholesale debt instruments; no impact on equity markets or retail investors