Description
DSP Finance Private Limited has listed 1000 commercial papers worth Rs. 5 lakh each on BSE Debt segment, with redemption date of February 27, 2026.
Summary
DSP Finance Private Limited has listed new Commercial Papers on BSE’s Debt segment effective December 1, 2025. The securities were issued on a private placement basis with a total quantity of 1000 papers, each with a face value of Rs. 5,00,000. The papers carry an ICRA A1+ credit rating and will be redeemed on February 27, 2026. Trading will occur exclusively in dematerialized form through ICICI Bank Limited as the Issuing and Paying Agent.
Key Points
- Quantity: 1000 Commercial Papers
- Face Value: Rs. 5,00,000 per paper
- Issue Price: Rs. 4,91,423.50 per paper
- Credit Rating: ICRA A1+
- Scrip Code: 730677
- Scrip ID: DSPF281125
- ISIN Number: INE422H14131
- Date of Allotment: November 28, 2025
- Date of Redemption: February 27, 2026
- Market Lot: 1
- Trading denomination: Rs. 5 Lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
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 ISIN INE422H14131
- Trading shall take place in standard denomination of Rs. 5 Lakhs and multiples thereof
- Securities must be traded on BSE Debt segment using the designated scrip code 730677
- For clarifications, trading members should contact the debt department at 22728352/8597/8995/5753/8915
Important Dates
- Notice Date: December 1, 2025
- Listing Date: December 1, 2025
- Allotment Date: November 28, 2025
- Redemption Date: February 27, 2026
Impact Assessment
This listing has minimal market-wide impact as it represents a routine addition of commercial paper to the BSE Debt segment. The impact is limited to:
- Market Participants: Trading members dealing in debt securities now have access to an additional short-term debt instrument with high credit quality (ICRA A1+ rating)
- Liquidity: Addition of Rs. 50 crore worth of commercial paper to the debt market
- Issuer: Provides DSP Finance Private Limited with short-term funding at competitive rates
- Investors: Offers institutional investors a 3-month investment opportunity with high credit rating
The private placement nature and institutional denomination (Rs. 5 lakh minimum) limit participation to qualified institutional buyers and high-net-worth investors.
Impact Justification
Routine commercial paper listing on debt segment with standard terms. Limited market-wide impact as it affects only debt segment trading members dealing with this specific instrument.