Description

BSE lists Commercial Paper worth Rs. 350 crores issued by SBICAP Securities Limited on private placement basis with maturity dates in March 2026.

Summary

BSE has listed three tranches of Commercial Paper issued by SBICAP Securities Limited on private placement basis, totaling Rs. 350 crores (7,000 units of Rs. 5 lakhs each). The securities are listed on the BSE Debt segment effective December 17, 2025, with redemption dates in March 2026. State Bank of India serves as the Issuing and Paying agent.

Key Points

  • Three tranches of Commercial Paper listed totaling Rs. 350 crores
  • Tranche 1: 4,000 units (Rs. 200 crores) - ISIN INE212K14DA9 - Redemption March 17, 2026
  • Tranche 2: 1,000 units (Rs. 50 crores) - ISIN INE212K14DB7 - Redemption March 18, 2026
  • Tranche 3: 2,000 units (Rs. 100 crores) - ISIN INE212K14DB7 - Redemption March 18, 2026
  • Face value and paid-up value: Rs. 5,00,000 per unit
  • Credit ratings: CRISIL A1+ and ICRA A1+
  • Issue prices: Rs. 4,91,910 (Tranche 1) and Rs. 4,91,821.50 (Tranches 2 & 3)
  • Scrip codes: 730785 (Tranche 1), 730795 (Tranches 2 & 3)
  • Trading in dematerialized form only

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that securities will be traded only in dematerialized form
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Trading members requiring clarification may contact BSE debt department

Important Dates

  • Allotment Date: December 17, 2025
  • Listing Date: December 17, 2025
  • Redemption Date (Tranche 1): March 17, 2026
  • Redemption Date (Tranches 2 & 3): March 18, 2026

Impact Assessment

Market Impact: Minimal. This is a routine debt listing with no impact on equity markets.

Operational Impact: Low. Standard commercial paper listing on debt segment. Trading members are informed of new instruments available for trading in the debt market.

Investor Impact: Provides short-term debt investment options (90-91 days maturity) with high credit ratings (A1+) for institutional investors and debt market participants.

Impact Justification

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