Description

BSE announces listing of two series of Commercial Papers worth Rs. 200 crores each issued by Julius Baer Capital (India) Private Limited on private placement basis.

Summary

BSE has listed two series of Commercial Papers issued by Julius Baer Capital (India) Private Limited on private placement basis, effective December 10, 2025. The first series (ISIN: INE824H14TA3) comprises 4,000 units of Rs. 5 lakh each with redemption on March 11, 2026. The second series (ISIN: INE824H14SZ2) also comprises 4,000 units of Rs. 5 lakh each with redemption on March 10, 2026. Both instruments carry CRISIL A1+ and ICRA A1+ ratings.

Key Points

  • Two Commercial Paper series listed on BSE Debt segment
  • Total issue size: Rs. 200 crores per series (4,000 units × Rs. 5 lakhs)
  • Issue price: Rs. 491,869.50 per unit (face value Rs. 500,000)
  • Credit rating: CRISIL A1+ and ICRA A1+
  • HDFC Bank Limited acts as Issuing and Paying Agent
  • Trading only in dematerialized form
  • Market lot: 1 unit, tick size: 1 paise
  • Standard denomination: Rs. 5 lakhs and multiples thereof

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department

Important Dates

  • Listing Date: December 10, 2025 (effective)
  • Series 1 Allotment: December 10, 2025
  • Series 1 Redemption: March 11, 2026
  • Series 2 Allotment: December 9, 2025
  • Series 2 Redemption: March 10, 2026

Impact Assessment

This is a routine debt instrument listing with minimal market impact. The Commercial Papers provide short-term funding to Julius Baer Capital (India) Private Limited for approximately 90 days. The high credit ratings (A1+) indicate strong creditworthiness. The listing expands debt market options for institutional investors seeking short-term instruments but has no direct impact on equity markets or retail investors. Trading volume is expected to be limited to institutional participants in the debt segment.

Impact Justification

Routine commercial paper listing on debt segment with no impact on equity markets or trading members' operations beyond informational purposes