Description
BSE announces listing of Rs. 75 crore commercial paper issued by Avanse Financial Services Limited on private placement basis, with redemption date of June 12, 2026.
Summary
BSE has listed new commercial paper issued by Avanse Financial Services Limited on private placement basis. The instrument consists of 1,500 units of Rs. 5 lakh denomination each, totaling Rs. 75 crore. The commercial paper carries a CRISIL A1+ rating and will be traded only in dematerialized form on the BSE Debt segment.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000 face value each
- Total Quantity: 1,500 units (Rs. 75 crore)
- Issue Price: Rs. 4,85,658 per unit
- Scrip Code: 730805
- Scrip ID: AFSL171225
- ISIN: INE087P14770
- Credit Rating: CRISIL A1+
- Market Lot: 1 unit
- Trading allowed only in dematerialized form
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes. This is a standard listing announcement.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE087P14770
- 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 on 22728352/8597/8995/5753/8915
Important Dates
- Notice Date: December 18, 2025
- Date of Allotment: December 17, 2025
- Listing Date: December 18, 2025
- Date of Redemption: June 12, 2026
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The commercial paper provides short-term financing to Avanse Financial Services Limited with a 177-day maturity period. The CRISIL A1+ rating indicates strong creditworthiness. The listing expands BSE’s debt segment offerings but has no direct impact on equity trading or broader market operations.
Impact Justification
Routine commercial paper listing announcement with no material impact on equity markets or broad regulatory changes