Description
Time Technoplast Limited has listed new Commercial Paper worth Rs. 25 crore on BSE Debt segment with maturity on March 25, 2026.
Summary
BSE has listed new Commercial Paper issued by Time Technoplast Limited on private placement basis effective December 1, 2025. The instrument comprises 500 units of Rs. 5 lakh each, totaling Rs. 25 crore, with a maturity period of approximately 114 days. The securities carry dual credit ratings of CRISIL A1+ and ICRA A1+, indicating highest safety for short-term debt instruments.
Key Points
- Scrip Code: 730317, Scrip ID: TTL26925
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,88,555.50 per unit (discount of Rs. 11,444.50)
- Total Issue Size: 500 units (Rs. 25 crore)
- ISIN: INE508G14HZ6 (further listing under same ISIN)
- Credit Rating: CRISIL A1+ and ICRA A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
- Issuing and Paying Agent: IDBI Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade the Commercial Paper only in dematerialized form under ISIN INE508G14HZ6
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Settlement through the designated Issuing and Paying Agent (IDBI Bank Limited)
Important Dates
- Allotment Date: December 1, 2025
- Listing Date: December 1, 2025
- Redemption Date: March 25, 2026
- Tenor: Approximately 114 days
Impact Assessment
This is a routine debt listing with minimal market impact. The Commercial Paper issuance provides Time Technoplast Limited with short-term funding at competitive rates given the A1+ ratings. For trading members, this adds another debt instrument to the BSE platform but is unlikely to generate significant trading volumes given the Rs. 5 lakh minimum denomination and short maturity period. No impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing with no impact on equity markets or broader trading operations