Description

BSE announces listing of two series of Commercial Papers issued by BOBCARD LIMITED on private placement basis, totaling Rs. 125 crores with maturities in December 2025.

Summary

BSE has listed two series of Commercial Papers issued by BOBCARD LIMITED on a private placement basis, effective December 1, 2025. Series 1 consists of 1,500 papers worth Rs. 75 crores maturing on December 15, 2025. Series 2 consists of 1,000 papers worth Rs. 50 crores maturing on December 12, 2025. Both series carry IND A1+ credit rating and ICICI Bank acts as the Issuing and Paying Agent.

Key Points

  • Two series of Commercial Papers listed on BSE Debt segment
  • Total issue size: Rs. 125 crores (Rs. 75 crores + Rs. 50 crores)
  • Face value: Rs. 5,00,000 per paper for both series
  • Credit Rating: IND A1+ for both series
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded with tick size of 1 paise

Important Dates

  • Notice Date: December 1, 2025
  • Series 1 (BCL281125):
    • Date of Allotment: November 28, 2025
    • Date of Redemption: December 15, 2025
    • Scrip Code: 730676
    • ISIN: INE027214902
  • Series 2 (BBL281125):
    • Date of Allotment: November 28, 2025
    • Date of Redemption: December 12, 2025
    • Scrip Code: 730678
    • ISIN: INE027214910

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The short maturity periods (12-15 days) indicate these are standard short-term funding instruments. The IND A1+ rating reflects strong credit quality. Trading is restricted to institutional participants given the high denomination requirement of Rs. 5 lakhs minimum. The listing provides additional liquidity options for debt market participants but does not affect broader market operations or equity trading.

Impact Justification

Routine commercial paper listing for short-term debt instruments with standard specifications, limited market-wide impact