Description
Northern Arc Capital Ltd has listed 400 Commercial Papers of Rs.5 lakh each on BSE Debt segment with maturity date of March 19, 2026.
Summary
Northern Arc Capital Ltd has listed new Commercial Paper securities on BSE’s Debt segment effective December 19, 2025. The issue consists of 400 units of Commercial Paper with a face value of Rs.5,00,000 each, issued on private placement basis. The securities carry a CARE A1+ credit rating and will mature on March 19, 2026. HDFC Bank Limited serves as the Issuing and Paying Agent.
Key Points
- Quantity: 400 Commercial Paper units
- Face Value: Rs.5,00,000 per unit
- Issue Price: Rs.4,90,328 per unit
- Total Issue Size: Rs.20 crores
- Scrip Code: 730816
- Scrip ID: NACL191225
- ISIN: INE850M14CK3
- Credit Rating: CARE A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a standard debt security listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE850M14CK3
- Trading shall take place in standard denomination of Rs.5 lakhs and multiples thereof
- Securities must be traded with tick size of 1 paise
- For clarifications, trading members should contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Listing Date: December 19, 2025
- Allotment Date: December 19, 2025
- Redemption Date: March 19, 2026
- Tenor: 90 days (3 months)
Impact Assessment
Market Impact: Minimal. This is a routine short-term debt instrument listing that provides Northern Arc Capital Ltd with working capital financing. The commercial paper market sees regular issuances and this listing will have negligible impact on broader market operations.
Investor Impact: Limited to institutional investors and high net worth individuals who participate in the commercial paper market. The CARE A1+ rating indicates high credit quality and safety of principal with adequate degree of safety regarding timely payment of financial obligations.
Liquidity: The securities will be available for trading on BSE Debt segment, providing secondary market liquidity to investors until maturity in March 2026.
Impact Justification
Routine commercial paper listing with no market-wide impact, affects only specific debt investors