Description

BSE announces listing of 500 Commercial Papers issued by Axis Finance Limited on private placement basis with face value of Rs. 5 lakhs each, effective December 19, 2025.

Summary

BSE has listed new Commercial Papers issued by Axis Finance Limited on a private placement basis in the BSE Debt segment effective December 19, 2025. The listing comprises 500 Commercial Papers with a face value of Rs. 5,00,000 each, allotted on December 18, 2025, with redemption scheduled for October 23, 2026. The securities carry credit ratings of CRISIL A1+ and IND A1+, with Axis Bank Limited serving as the Issuing and Paying Agent.

Key Points

  • 500 Commercial Papers listed with scrip code 730797 and scrip ID AFL171225
  • Face value and paid-up value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,71,914.50 per unit
  • ISIN: INE891K14PQ0 (further listing under same ISIN)
  • Market lot size: 1 unit
  • Credit ratings: CRISIL A1+ and IND A1+
  • Trading permitted only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: Axis Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under existing debt market framework.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE891K14PQ0
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be adhered to for all transactions
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: December 19, 2025
  • Listing Effective Date: December 19, 2025
  • Actual/Deemed Date of Allotment: December 18, 2025
  • Date of Redemption: October 23, 2026

Impact Assessment

This listing has minimal market impact as it represents a routine debt instrument listing. The Commercial Papers provide Axis Finance Limited with short-term financing (approximately 10 months tenure) and offer debt market participants additional investment options in highly-rated instruments. The Rs. 250 crore total issue size (500 units × Rs. 5 lakhs) is standard for corporate Commercial Paper programs. Trading will be limited to institutional investors and high net-worth participants due to the Rs. 5 lakh minimum denomination requirement.

Impact Justification

Routine debt instrument listing notification with standard commercial paper issuance details, affecting only specific debt market participants