Description

IGH Holdings Private Limited has listed new Commercial Paper worth Rs. 25 crores on BSE Debt segment with face value of Rs. 5 lakhs each, maturing on March 10, 2026.

Summary

BSE has listed new Commercial Paper issued by IGH Holdings Private Limited on private placement basis. The listing comprises 500 units with a face value of Rs. 5,00,000 each, totaling Rs. 25 crores. The instruments are rated CARE A1+ and CRISIL A1+, with allotment date of December 9, 2025 and redemption scheduled for March 10, 2026. Axis Bank Limited serves as the Issuing and Paying Agent.

Key Points

  • Total quantity: 500 units of Commercial Paper
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,91,749 per unit
  • Total issue size: Rs. 25 crores (approximately)
  • Credit rating: CARE A1+ and CRISIL A1+
  • Trading to be conducted only in dematerialized form
  • Market lot size: 1 unit
  • Scrip Code: 729003
  • Scrip ID: IGHP17325
  • ISIN: INE02FN14440 (further listing under same ISIN)
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE02FN14440
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded through BSE Debt segment only
  • Trading members requiring clarification should contact BSE debt department on specified phone numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: December 9, 2025
  • Listing Date: December 9, 2025 (effective from today)
  • Allotment Date: December 9, 2025
  • Redemption Date: March 10, 2026
  • Tenure: Approximately 3 months

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing on private placement basis with limited circulation (500 units). The instruments are designed for institutional investors and will have no impact on retail equity markets.

Investor Impact: Relevant only for debt market participants and institutional investors seeking short-term debt instruments with high credit ratings (A1+). The commercial paper offers approximately 3-month investment horizon.

Operational Impact: Trading members dealing in debt securities need to update their systems with the new scrip code and ISIN details for trading purposes.

Impact Justification

Routine commercial paper listing with standard terms. Limited market-wide impact as it involves debt securities on private placement basis for institutional investors only.