Description
KEC International Ltd. has listed new Commercial Paper worth Rs. 75 crores on BSE Debt segment with maturity on March 5, 2026.
Summary
KEC International Ltd. has listed new Commercial Paper (CP) of Rs. 5 lakh face value each on BSE’s Debt segment effective December 5, 2025. The total issue size is Rs. 75 crores (1,500 units) issued on private placement basis with a 90-day maturity period. The securities carry CRISIL A1+ and IND A1+ credit ratings.
Key Points
- Security Type: Commercial Paper issued on private placement basis
- Face Value: Rs. 5,00,000 per unit
- Total Quantity: 1,500 units (Total value: Rs. 75 crores)
- Issue Price: Rs. 4,91,409 per unit
- Scrip Code: 730708
- Scrip ID: KIL51225
- ISIN: INE389H14LQ0
- Credit Rating: CRISIL A1+ and IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE389H14LQ0
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities must be traded with tick size of 1 paise
Important Dates
- Allotment Date: December 5, 2025
- Listing Date: December 5, 2025
- Redemption Date: March 5, 2026
Impact Assessment
This is a routine Commercial Paper listing with minimal market impact. The instrument provides short-term funding for KEC International Ltd. for a 90-day period at an implied discount rate. The A1+ credit rating indicates highest safety for principal repayment. Trading is restricted to the debt segment with minimum denomination of Rs. 5 lakhs, limiting participation to institutional and high net-worth investors.
Impact Justification
Routine Commercial Paper listing with standard terms, limited market impact beyond debt segment participants