Description
BSE lists commercial paper worth Rs. 100 crores issued by Himadri Speciality Chemical Ltd on private placement basis, maturing on March 4, 2026.
Summary
BSE has listed commercial paper issued by Himadri Speciality Chemical Ltd on private placement basis. The instrument consists of 2,000 units of Rs. 5 lakh each (total Rs. 100 crores), issued at a discount with ICRA A1+ rating. Trading commenced on December 5, 2025, with redemption scheduled for March 4, 2026.
Key Points
- Total issue size: Rs. 100 crores (2,000 units × Rs. 5,00,000)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,92,351.50 per unit (discount of Rs. 7,648.50)
- Credit rating: ICRA A1+
- Scrip code: 730714
- Scrip ID: HSCL41225
- ISIN: INE019C14656
- Market lot: 1 unit
- Tick size: 1 paise
- Trading mode: Dematerialized only
- Issuing and paying agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade the securities only in dematerialized form
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Members should use the specified ISIN number INE019C14656 for all transactions
Important Dates
- Allotment date: December 4, 2025
- Listing date: December 5, 2025
- Redemption date: March 4, 2026
- Tenure: 90 days
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The instrument provides short-term funding for Himadri Speciality Chemical Ltd for working capital or business operations. The A1+ credit rating indicates strong credit quality. Trading is restricted to debt segment participants and institutional investors due to the high denomination requirement of Rs. 5 lakhs per unit. No impact on equity markets or retail investors.
Impact Justification
Routine commercial paper listing for corporate short-term funding with no impact on equity trading or broader market operations