Description
Announcement of listing of commercial papers from Capri Global Capital, Reliance Jio Infocomm, Lendingkart Finance, Ashoka Buildcon and debt securities from Satin Finserv on BSE Debt Segment effective December 31, 2025.
Summary
BSE has listed new privately placed debt securities on its Debt Market Segment effective December 31, 2025. The listing includes commercial papers from four companies (Capri Global Capital Limited, Reliance Jio Infocomm Limited, Lendingkart Finance Limited, and Ashoka Buildcon Limited) totaling 10,600 units and non-convertible debentures from Satin Finserv Limited totaling 2,500 units. All securities will trade in dematerialized form only.
Key Points
- Four commercial paper issuances listed with tenors ranging from 59 to 365 days
- Interest rates on commercial papers range from 6.19% p.a. (Reliance Jio) to 9.35% p.a. (Lendingkart Finance)
- All commercial papers have CRISIL A1+, CARE A1+, or ICRA A1+ credit ratings
- One non-convertible debenture issuance by Satin Finserv Limited with 10.95% coupon rate, rated ICRA A-(stable)
- Trading denomination: Rs. 5 lakhs and multiples for commercial papers
- Tick size: 1 paise for all securities
- Market lot: 1 unit for all securities
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under specified ISIN numbers
- Commercial papers must be traded in standard denomination of Rs. 5 lakhs and multiples thereof
- For further details on debt securities, trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx
- For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Listing Effective Date: December 31, 2025
- Commercial Paper Redemption Dates:
- Ashoka Buildcon: February 27, 2026
- Reliance Jio Infocomm: March 23, 2026
- Capri Global Capital: June 29, 2026
- Lendingkart Finance: December 30, 2026
- Debenture Details:
- Satin Finserv Limited: Redemption June 30, 2027
Impact Assessment
Market Impact: Low - This is a routine listing of privately placed debt securities that affects only institutional investors and debt market participants. The securities are not available for retail trading in the secondary market in the conventional sense.
Operational Impact: Minimal - Trading members dealing in debt segment need to update their systems with new scrip codes and ISIN numbers. The securities follow standard BSE debt market trading protocols.
Investor Impact: Limited to institutional investors who participated in the private placement. These listings provide liquidity options for existing holders of these debt instruments.
Detailed Securities Information
Commercial Papers Listed:
Capri Global Capital Limited (CGCL)
- Scrip Code: 730881, ISIN: INE180C14656
- Quantity: 500 units, Face Value: Rs. 5,00,000
- Interest: 7.90% p.a., Tenor: 180 days
- Rating: CRISIL A1+
Reliance Jio Infocomm Limited (RJIL)
- Scrip Code: 730882, ISIN: INE110L14UM2
- Quantity: 8,000 units, Face Value: Rs. 5,00,000
- Interest: 6.19% p.a., Tenor: 83 days
- Rating: CARE A1+, CRISIL A1+
Lendingkart Finance Limited (LFL)
- Scrip Code: 730883, ISIN: INE090W14218
- Quantity: 1,100 units, Face Value: Rs. 5,00,000
- Interest: 9.35% p.a., Tenor: 365 days
- Rating: CRISIL A1+
Ashoka Buildcon Limited (ABL)
- Scrip Code: 730880, ISIN: INE442H14493
- Quantity: 1,000 units, Face Value: Rs. 5,00,000
- Interest: 6.72% p.a., Tenor: 59 days
- Rating: ICRA A1+
Debt Securities (Non-Convertible Debentures):
- Satin Finserv Limited (SFL)
- Scrip Code: 977420, ISIN: INE03K307082
- Quantity: 2,500 units, Face Value: Rs. 1,00,000
- Coupon: 10.95%, Maturity: June 30, 2027
- Rating: ICRA A-(stable)
Impact Justification
Routine listing notice for privately placed debt instruments affecting only debt market participants and specific institutional investors