Description
Time Technoplast Limited has listed new Commercial Paper worth Rs. 25 crore on BSE Debt segment with maturity on 25 March 2026.
Summary
Time Technoplast Limited has listed new Commercial Paper of Rs. 25 crore (500 units of Rs. 5 lakh each) on BSE Debt segment effective 01 December 2025. The securities are issued on private placement basis with a tenure of approximately 114 days, maturing on 25 March 2026. The instruments carry dual ratings of CRISIL A1+ and ICRA A1+.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each
- Total Issue Size: Rs. 25 crore (500 units)
- Issue Price: Rs. 488,555.50 per unit
- Face Value: Rs. 5,00,000/-
- Scrip Code: 730317
- Scrip ID: TTL26925
- ISIN: INE508G14HZ6 (further listing under same ISIN)
- Credit Rating: CRISIL A1+, ICRA A1+
- Market Lot: 1 unit
- Trading: Dematerialised form only
- Standard Denomination: Rs. 5 lakhs and multiples thereof
- Tick Size: 1 paise
- Issuing and Paying Agent: IDBI Bank Limited
Regulatory Changes
None. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE508G14HZ6
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise must be followed
Important Dates
- Allotment Date: 01 December 2025
- Listing Date: 01 December 2025
- Redemption Date: 25 March 2026
Impact Assessment
This is a routine short-term debt instrument listing with minimal market impact. The commercial paper has strong credit ratings (A1+ from both CRISIL and ICRA), indicating high credit quality. The listing provides Time Technoplast Limited with short-term funding while offering investors a highly-rated money market instrument. No significant impact on broader market operations or trading members’ activities.
Impact Justification
Routine commercial paper listing with short tenure and no market-wide impact