Description
Axis Finance Limited has listed new Commercial Paper worth Rs. 250 crore on BSE Debt segment, maturing on December 12, 2025.
Summary
BSE has admitted new Commercial Paper issued by Axis Finance Limited to trading on the Debt segment effective December 5, 2025. The instrument consists of 5,000 units of Rs. 5 lakh each, totaling Rs. 250 crore, issued on private placement basis with a maturity period of 8 days.
Key Points
- Total issue size: Rs. 250 crore (5,000 units × Rs. 5,00,000)
- Issue price: Rs. 4,99,310.50 per unit (discount of Rs. 689.50)
- Credit rating: CRISIL A1+ and IND A1+
- Scrip Code: 730225, Scrip ID: AFL12925
- ISIN: INE891K14PN7 (further listing under same ISIN)
- Trading permitted only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE891K14PN7
- Trades must be executed in standard denomination of Rs. 5 lakhs and multiples
- Market lot size is 1 unit
Important Dates
- Notice Date: December 5, 2025
- Allotment Date: December 4, 2025
- Listing Date: December 5, 2025
- Redemption Date: December 12, 2025
Impact Assessment
Minimal market impact. This is a standard short-term debt instrument with very brief maturity (8 days) issued on private placement basis. The high credit ratings (A1+) indicate strong creditworthiness. The instrument provides short-term liquidity to Axis Finance Limited and offers institutional investors a brief investment avenue. No significant operational changes required for trading members.
Impact Justification
Routine commercial paper listing with 8-day maturity. Limited market impact as it's a standard short-term debt instrument on private placement basis.