Description
BSE has listed new commercial papers worth Rs. 75 crores issued by Mahindra Lifespace Developers Ltd on private placement basis, effective December 15, 2025.
Summary
BSE has listed and admitted to trading 1,500 commercial papers issued by Mahindra Lifespace Developers Ltd on private placement basis. Each paper has a face value of Rs. 5,00,000 and was issued at Rs. 4,92,123. The securities carry an IND A1+ credit rating and will be traded in dematerialized form only on the BSE Debt segment.
Key Points
- Issuer: Mahindra Lifespace Developers Ltd
- Security Type: Commercial Paper (privately placed)
- Quantity Issued: 1,500 units
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,92,123 per unit
- Total Issue Size: Rs. 75 crores
- Scrip Code: 730774
- Scrip ID: MLDL121225
- Detail Name: MLDL-13-3-26-CP
- ISIN: INE813A14409
- Credit Rating: IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: YES Bank Ltd
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE813A14409
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment only
Important Dates
- Notice Date: December 15, 2025
- Date of Allotment: December 12, 2025
- Listing Date: December 15, 2025
- Date of Redemption: March 13, 2026
- Maturity Period: 3 months (91 days)
Impact Assessment
Minimal market impact. This is a routine commercial paper listing for short-term debt financing. The issue carries a high credit rating (IND A1+) indicating low credit risk. The 3-month maturity period is standard for commercial paper instruments. Trading is restricted to institutional participants in Rs. 5 lakh denominations, limiting retail investor participation.
Impact Justification
Routine commercial paper listing with standard terms and short maturity period of 3 months