Description

BSE announces listing of 1500 commercial papers worth Rs. 5 lakhs each issued by Mirae Asset Financial Services (India) Private Limited on private placement basis, with redemption date of March 16, 2026.

Summary

BSE has listed and admitted new Commercial Papers issued by Mirae Asset Financial Services (India) Private Limited on its Debt segment effective December 15, 2025. The issuance consists of 1500 commercial papers of Rs. 5,00,000 each on private placement basis, with a 3-month tenure maturing on March 16, 2026. The instruments carry a CRISIL A1+ credit rating and will be traded exclusively in dematerialized form.

Key Points

  • Quantity: 1500 Commercial Papers
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,441.50
  • Total Issue Size: Rs. 75 crore (1500 x Rs. 5 lakhs)
  • Scrip Code: 730775
  • Scrip ID: MAFS151225
  • ISIN: INE0JRU14354
  • Credit Rating: CRISIL A1+
  • Market Lot: 1 unit
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0JRU14354
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be maintained for all trades
  • Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 15, 2025
  • Listing Date: December 15, 2025
  • Redemption Date: March 16, 2026
  • Tenure: Approximately 91 days (3 months)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to BSE’s Debt segment. The Rs. 75 crore issuance is modest in size and represents standard corporate treasury operations.

Investor Impact: Low. The instruments are available only to institutional and high net-worth investors participating in the debt market, with minimum trading lot of Rs. 5 lakhs. The CRISIL A1+ rating indicates high credit quality and low credit risk.

Operational Impact: None for equity traders. Only debt segment trading members are affected, requiring awareness of the new scrip code and trading parameters.

Impact Justification

Routine commercial paper listing notification with standard terms, affects debt segment only, no regulatory changes or broad market impact