Description
Axis Finance Limited has listed new Commercial Papers worth Rs. 25 crore (500 units of Rs. 5 lakh each) on BSE Debt segment, maturing on October 23, 2026.
Summary
BSE has announced the listing and admission to trading of new Commercial Papers issued by Axis Finance Limited on a private placement basis. The securities are listed on the BSE Debt segment effective December 19, 2025. The issue comprises 500 units of Rs. 5 lakh each, totaling Rs. 25 crore, with a redemption date of October 23, 2026.
Key Points
- Issuer: Axis Finance Limited
- Security Type: Commercial Paper (private placement)
- Quantity: 500 units
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,71,914.50 per unit
- Total Issue Size: Rs. 25 crore
- Scrip Code: 730797
- Scrip ID: AFL171225
- ISIN: INE891K14PQ0 (further listing under same ISIN)
- Credit Rating: CRISIL A1+, IND A1+
- Market Lot: 1 unit
- Trading Denomination: Rs. 5 lakhs and multiples thereof
- Tick Size: 1 paise
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes announced in this circular.
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
- The tick size for these securities is 1 paise
- Trading members requiring clarification should contact the debt department at specified phone numbers: 22728352/8597/8995/5753/8915
Important Dates
- Notice Date: December 19, 2025
- Allotment Date: December 18, 2025
- Listing Date: December 19, 2025
- Redemption Date: October 23, 2026
Impact Assessment
This is a routine debt listing with minimal market impact. The commercial paper listing provides short-term funding to Axis Finance Limited and offers investment opportunities for debt market participants. The strong credit ratings (CRISIL A1+ and IND A1+) indicate high credit quality. The impact is limited to debt market participants and investors interested in commercial paper instruments. No significant operational or regulatory changes are introduced.
Impact Justification
Routine commercial paper listing announcement for debt market participants with no broader market impact