Description

SBICAP Securities Limited has listed Commercial Paper worth Rs. 400 crores (8000 units of Rs. 5 lakhs each) on BSE Debt segment with CRISIL A1+ and ICRA A1+ ratings.

Summary

BSE has listed new Commercial Paper issued by SBICAP Securities Limited on a private placement basis. The listing comprises 8,000 units of Commercial Paper with a face value of Rs. 5,00,000 each, totaling Rs. 400 crores. The instruments carry dual credit ratings of CRISIL A1+ and ICRA A1+, indicating highest safety for short-term debt. Trading commenced on December 10, 2025, in dematerialized form on the BSE Debt segment.

Key Points

  • Total issue size: 8,000 units aggregating to Rs. 400 crores
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,91,954 per unit (discount to face value)
  • Market lot: 1 unit
  • Scrip Code: 730726
  • Scrip ID: SSL91225
  • ISIN: INE212K14CY1
  • Credit ratings: CRISIL A1+ and ICRA A1+
  • Allotment date: December 9, 2025
  • Redemption date: March 10, 2026
  • Tenure: Approximately 3 months
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: State Bank of India

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE212K14CY1
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • The tick size of 1 paise must be adhered to for all trades
  • Members requiring clarification should contact BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: December 10, 2025
  • Listing Date: December 10, 2025
  • Deemed Date of Allotment: December 9, 2025
  • Redemption Date: March 10, 2026

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing that adds liquidity to the debt market segment. The Commercial Paper provides SBICAP Securities with short-term funding for approximately 3 months.

Investor Impact: Low to moderate for debt market participants. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness and low default risk, making it suitable for institutional investors seeking short-term money market instruments.

Operational Impact: Trading members dealing in debt securities need to update their systems with the new scrip details. The standard market lot of 1 unit and minimum trading denomination of Rs. 5 lakhs makes it accessible primarily to institutional investors.

Impact Justification

Routine commercial paper listing notification with standard terms, affecting only debt segment participants trading in SBICAP Securities instruments