Description

BSE announces listing of commercial papers and debt securities from Capri Global Capital, Reliance Jio Infocomm, Lendingkart Finance, Ashoka Buildcon, and Satin Finserv on the debt segment effective December 31, 2025.

Summary

BSE has listed new privately placed debt securities effective December 31, 2025. The listing includes four commercial papers from Capri Global Capital Limited, Reliance Jio Infocomm Limited, Lendingkart Finance Limited, and Ashoka Buildcon Limited, along with one non-convertible debenture from Satin Finserv Limited. All securities will trade in dematerialized form only on the BSE Debt Segment.

Key Points

  • Capri Global Capital Limited: 500 commercial papers (ISIN: INE180C14656), face value Rs. 5 lakh, interest rate 7.90% p.a., maturity June 29, 2026, CRISIL A1+ rated
  • Reliance Jio Infocomm Limited: 8,000 commercial papers (ISIN: INE110L14UM2), face value Rs. 5 lakh, interest rate 6.19% p.a., maturity March 23, 2026, CARE A1+/CRISIL A1+ rated
  • Lendingkart Finance Limited: 1,100 commercial papers (ISIN: INE090W14218), face value Rs. 5 lakh, interest rate 9.35% p.a., maturity December 30, 2026, CRISIL A1+ rated
  • Ashoka Buildcon Limited: 1,000 commercial papers (ISIN: INE442H14493), face value Rs. 5 lakh, interest rate 6.72% p.a., maturity February 27, 2026, ICRA A1+ rated
  • Satin Finserv Limited: 2,500 debentures (ISIN: INE03K307082), face value Rs. 1 lakh, coupon rate 10.95%, maturity June 30, 2027, ICRA A-(stable) rated
  • Commercial papers will trade in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for all securities is 1 paise
  • Market lot is 1 for all instruments

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under existing BSE debt market framework.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Commercial papers must be traded in standard denomination of Rs. 5 lakhs and multiples
  • For debt securities details, members should refer to placement memorandum at https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • Queries to be directed to BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Effective Date: December 31, 2025
  • Capri Global CP Allotment: December 31, 2025; Redemption: June 29, 2026
  • Reliance Jio CP Allotment: December 30, 2025; Redemption: March 23, 2026
  • Lendingkart CP Allotment: December 30, 2025; Redemption: December 30, 2026
  • Ashoka Buildcon CP Allotment: December 30, 2025; Redemption: February 27, 2026
  • Satin Finserv NCD Maturity: June 30, 2027

Impact Assessment

Market Impact: Low - routine debt market listing with no impact on equity markets. Adds liquidity to debt segment for institutional investors.

Investor Impact: Provides investment opportunities in high-rated short-term commercial papers (A1+ ratings) and medium-term corporate bonds. Interest rates range from 6.19% to 10.95% reflecting credit profiles.

Operational Impact: Minimal - standard debt trading procedures apply. Trading members have access to debt department support for clarifications.

Impact Justification

Routine listing notification for debt instruments with no direct impact on equity trading or market operations