Description
BSE announces listing of Rs. 100 crore Commercial Paper issued by Balkrishna Industries Ltd. on private placement basis, with 85-day tenure and CRISIL A1+ rating.
Summary
BSE has listed new Commercial Paper issued by Balkrishna Industries Ltd. on private placement basis with effect from December 18, 2025. The instrument comprises 2,000 units of Rs. 5,00,000 each, totaling Rs. 100 crore, with CRISIL A1+ rating and 85-day maturity period. ICICI Bank Limited acts as the Issuing and Paying Agent.
Key Points
- Total issue size: Rs. 100 crore (2,000 units × Rs. 5 lakhs)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,92,940 per unit
- Scrip Code: 730801, Scrip ID: BIL181225
- ISIN: INE787D14227
- Credit Rating: CRISIL A1+
- Market lot: 1 unit
- Trading in dematerialized form only
- Tick size: 1 paise
- Standard trading denomination: Rs. 5 lakhs and multiples thereof
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE787D14227
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Members should contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications
Important Dates
- Allotment Date: December 18, 2025
- Listing Date: December 18, 2025
- Redemption Date: March 13, 2026
- Tenure: 85 days
Impact Assessment
This listing has minimal market impact as it is a routine commercial paper issuance on private placement basis. The short-term debt instrument (85 days) is rated CRISIL A1+, indicating highest safety for short-term debt. Trading will be limited to institutional investors given the high denomination requirement of Rs. 5 lakhs per unit. No impact on equity markets or retail investors.
Impact Justification
Routine commercial paper listing with standard terms. Limited market impact as private placement debt instrument with short tenure.