Description
BHEL's Commercial Paper worth Rs. 250 crore (5000 units of Rs. 5 lakh each) listed on BSE Debt segment with maturity on January 16, 2026.
Summary
BSE has listed Commercial Paper issued by Bharat Heavy Electricals Limited (BHEL) on private placement basis. The instrument consists of 5000 units of Rs. 5,00,000 each, totaling Rs. 250 crore, with a 28-day maturity period from December 19, 2025 to January 16, 2026.
Key Points
- Issuer: Bharat Heavy Electricals Limited
- Instrument Type: Commercial Paper (Private Placement)
- Total Issue Size: Rs. 250 crore (5000 units)
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,97,595 per unit (discount of Rs. 2,405)
- Scrip Code: 730821
- Scrip ID: BHEL191225
- ISIN: INE257A14AE3
- Credit Rating: CARE A1+, IND A1+
- Market Lot: 1 unit
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for the securities is 1 paise
- Securities admitted to dealings on BSE Debt segment effective December 19, 2025
Important Dates
- Allotment Date: December 19, 2025
- Listing Date: December 19, 2025
- Redemption Date: January 16, 2026
- Tenure: 28 days
Impact Assessment
This is a routine short-term funding instrument with minimal market impact. The Commercial Paper represents standard treasury operations for BHEL to meet working capital requirements. The high credit rating (A1+) indicates strong creditworthiness. For equity investors and broader market participants, this listing has negligible significance as it is a standard debt market operation with no implications for BHEL’s business operations or equity value.
Impact Justification
Routine commercial paper listing for short-term funding with no material impact on operations or equity investors