Description

BSE announces listing of 8000 units of Commercial Paper issued by Sharekhan Limited on private placement basis, with issue size of Rs. 400 crores, maturing on March 16, 2026.

Summary

BSE has listed new Commercial Paper securities issued by Sharekhan Limited on private placement basis effective December 15, 2025. The issue comprises 8000 units of Rs. 5,00,000 each (total Rs. 400 crores) with a tenor of 91 days, maturing on March 16, 2026. The securities carry dual credit ratings of CRISIL A1+ and ICRA A1+, issued at a discount price of Rs. 4,91,447.73 per unit.

Key Points

  • Issuer: Sharekhan Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 8000 units
  • Face Value: Rs. 5,00,000 per unit
  • Total Issue Size: Rs. 400 crores
  • Issue Price: Rs. 4,91,447.73 (at discount)
  • Scrip Code: 730773
  • Scrip ID: SL151225
  • ISIN: INE211H14AJ4
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Ltd
  • Trading Mode: Dematerialised form only

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE211H14AJ4
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Adherence to tick size of 1 paise for price movements
  • For clarifications, trading members should contact BSE Debt Department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: December 15, 2025
  • Allotment Date: December 15, 2025
  • Listing Date: December 15, 2025 (effective from today)
  • Redemption Date: March 16, 2026
  • Tenor: 91 days

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing in the debt segment with short-term maturity.

Operational Impact: Limited to trading members dealing in debt securities. The CP provides short-term funding to Sharekhan Limited and investment opportunity for institutional investors.

Credit Quality: High quality instrument with top-tier A1+ ratings from both CRISIL and ICRA, indicating highest degree of safety regarding timely payment of financial obligations.

Liquidity: Standard Rs. 5 lakh denomination aligns with typical commercial paper market practices, facilitating institutional participation.

Impact Justification

Routine commercial paper listing with 3-month maturity. Standard debt market activity with no broader market implications or regulatory changes.