Description
InCred Financial Services Limited has listed new Commercial Paper worth Rs. 25 crore on BSE Debt segment with maturity in June 2026.
Summary
InCred Financial Services Limited has listed 500 units of Commercial Paper on BSE Debt segment on December 10, 2025. The securities were issued on private placement basis with face value of Rs. 5,00,000 each, totaling Rs. 25 crore. The instruments carry ICRA A1+ credit rating and will mature on June 8, 2026.
Key Points
- Commercial Paper quantity: 500 units of Rs. 5 lakh each (total Rs. 25 crore)
- Issue price: Rs. 4,79,321 per unit (discount to face value)
- Credit rating: ICRA A1+ (highest short-term rating)
- Market lot: 1 unit
- Scrip Code: 730735, Scrip ID: IFSL091225
- ISIN: INE321N14364
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: The Federal Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading to be conducted in standard denomination of Rs. 5 lakhs and multiples
- Securities identified by ISIN INE321N14364
Important Dates
- Date of allotment: December 9, 2025
- Listing date: December 10, 2025
- Redemption date: June 8, 2026
Impact Assessment
Routine debt instrument listing with minimal market impact. The commercial paper provides short-term funding for InCred Financial Services Limited for 6-month tenure. The A1+ rating indicates strong credit quality. Trading restricted to institutional investors due to high denomination. No impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing by NBFC with short-term maturity, no market-wide impact