Description

BSE announces listing of new Commercial Papers issued by InCred Financial Services Limited worth Rs. 25 crores on private placement basis with ICRA A1+ rating.

Summary

BSE has listed new Commercial Papers issued by InCred Financial Services Limited on private placement basis. The securities are admitted to dealings on the BSE Debt segment effective December 10, 2025. The issue comprises 500 commercial papers of Rs. 5 lakh face value each, totaling Rs. 25 crores, with ICRA A1+ credit rating.

Key Points

  • Scrip Code: 730735, Scrip ID: IFSL091225
  • ISIN Number: INE321N14364
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,79,321 per unit
  • Quantity: 500 units
  • Market Lot: 1 unit
  • Credit Rating: ICRA A1+ (highest short-term rating)
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Trading mode: Dematerialized form only
  • Issuing and Paying Agent: The Federal 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 INE321N14364
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarifications may contact BSE debt department on specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: December 10, 2025
  • Listing Date: December 10, 2025
  • Allotment Date: December 9, 2025
  • Redemption Date: June 8, 2026 (approximately 6 months tenure)

Impact Assessment

This is a routine debt instrument listing with minimal market impact. Commercial papers are short-term money market instruments used by companies for working capital requirements. The listing only affects debt market participants and has no direct impact on equity markets or general trading operations. The ICRA A1+ rating indicates high credit quality and adequate degree of safety regarding timely payment of financial obligations.

Impact Justification

Routine commercial paper listing notification with no impact on equity markets or trading operations