Description
Fresh and further listing of Commercial Papers by Julius Baer Capital, Tata Housing, Mahindra Rural Housing Finance, 360 ONE WAM, Bajaj Finance, and DSP Finance.
Summary
BSE has listed Commercial Papers issued on private placement basis by six companies totaling Rs. 1,125 Crores. Five fresh listings include Julius Baer Capital (India) Pvt Ltd (Rs. 100 Cr), Tata Housing Development Company Ltd (Rs. 200 Cr), Mahindra Rural Housing Finance Ltd (Rs. 150 Cr), 360 ONE WAM Ltd (Rs. 175 Cr), and Bajaj Finance Ltd (Rs. 350 Cr). One further listing for DSP Finance Pvt Ltd (Rs. 150 Cr) is also included.
Key Points
- All securities will trade only in dematerialized form under specified ISIN numbers
- Trading denomination: Rs. 5 Lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit
- All Commercial Papers carry A1+ credit ratings from CRISIL, ICRA, IND, or CARE
- Interest rates range from 6.29% to 7.21% p.a. (cumulative)
- Face value: Rs. 5,00,000 per unit for all issuances
Fresh Listings
Julius Baer Capital (India) Private Limited
- Scrip Code: 730841 | Scrip ID: JBC231225
- ISIN: INE824H14TE5
- Quantity: 2,000 units (Rs. 100 Crores)
- Issue Price: Rs. 4,82,740.50
- Interest Rate: 7.21% p.a.
- Allotment Date: 23/12/2025
- Redemption Date: 22/06/2026
- Rating: CRISIL A1+, ICRA A1+
- Paying Agent: HDFC Bank Limited
Tata Housing Development Company Limited
- Scrip Code: 730839 | Scrip ID: THDC221225
- ISIN: INE582L14JE2
- Quantity: 4,000 units (Rs. 200 Crores)
- Issue Price: Rs. 4,92,172.00
- Interest Rate: 6.38% p.a.
- Allotment Date: 22/12/2025
- Redemption Date: 23/03/2026
- Rating: CARE A1+, IND A1+
- Paying Agent: HDFC Bank Limited
Mahindra Rural Housing Finance Limited
- Scrip Code: 730840 | Scrip ID: MRHF231225
- ISIN: INE950O14BZ7
- Quantity: 3,000 units (Rs. 150 Crores)
- Issue Price: Rs. 4,93,452.00
- Interest Rate: 6.29% p.a.
- Allotment Date: 23/12/2025
- Redemption Date: 10/03/2026
- Rating: CRISIL A1+, IND A1+
- Paying Agent: HDFC Bank Limited
360 ONE WAM LIMITED
- Scrip Code: 730842 | Scrip ID: OWL221225
- ISIN: INE466L14FN7
- Quantity: 3,500 units (Rs. 175 Crores)
- Issue Price: Rs. 4,91,243.00
- Interest Rate: 7.15% p.a.
- Allotment Date: 22/12/2025
- Redemption Date: 26/03/2026
- Rating: CARE A1+, ICRA A1+
- Paying Agent: HDFC Bank Limited
Bajaj Finance Limited
- Scrip Code: 730843 | Scrip ID: BFL221225
- ISIN: INE296A14E20
- Quantity: 7,000 units (Rs. 350 Crores)
- Issue Price: Rs. 4,92,087.00
- Interest Rate: 6.45% p.a.
- Allotment Date: 22/12/2025
- Redemption Date: 23/03/2026
- Rating: CRISIL A1+, ICRA A1+
- Paying Agent: ICICI Bank Limited
Further Listings
DSP Finance Private Limited
- Scrip Code: 730831 | Scrip ID: DSPF221225
- ISIN: INE422H14198
- Quantity: 3,000 units (Rs. 150 Crores)
- Issue Price: Rs. 4,91,484.00
- Interest Rate: 6.94% p.a.
- Allotment Date: 22/12/2025
- Redemption Date: 23/03/2026
- Rating: ICRA A1+
- Paying Agent: Not specified in notice
Regulatory Changes
No regulatory changes announced. This is a routine listing notification.
Compliance Requirements
- Trading members must note that securities will trade only in dematerialized form
- Standard denomination of Rs. 5 Lakhs and multiples must be maintained
- Tick size of 1 paise applies to all listed securities
Important Dates
- Notice Date: 23 December 2025
- Allotment Dates: 22-23 December 2025
- Redemption Dates: Range from 10 March 2026 to 22 June 2026
- Interest Payment: Cumulative on redemption date
Impact Assessment
Low market impact. This is a standard debt market listing notice for privately placed Commercial Papers by established financial institutions and corporates. All issuers have strong A1+ credit ratings. The Commercial Papers have short tenures (3-6 months) and will primarily be traded by institutional investors in the debt market segment. No impact on equity markets or general retail investors.
Impact Justification
Routine listing of privately placed commercial papers. Standard debt market operations with no significant market-wide impact.