Description
BSE lists commercial papers from Navi Finserv, Birla Group Holdings, Adani Enterprises, L&T Metro Rail Hyderabad, Julius Baer Capital, and Fedbank Financial Services on the debt market segment.
Summary
BSE has listed commercial papers issued on a private placement basis by six companies on its debt market segment, effective January 27, 2026. The listed securities include CPs from Navi Finserv Limited, Birla Group Holdings Private Limited, Adani Enterprises Ltd., L&T Metro Rail (Hyderabad) Limited, Julius Baer Capital (India) Private Limited, and Fedbank Financial Services Limited. All securities will trade in dematerialized form with standard denomination of Rs. 5 lakhs and multiples thereof.
Key Points
- Six companies have listed commercial papers on BSE debt segment effective January 27, 2026
- Trading will be in dematerialized form only under specified ISIN numbers
- Standard trading denomination is Rs. 5 lakhs and multiples thereof
- Tick size for all securities is 1 paise
- Interest rates range from 7.40% to 9.40% per annum
- Maturity periods range from approximately 3 months to 12 months
- All issuances carry A1+ credit ratings from CARE, CRISIL, ICRA, or IND
Commercial Paper Details
Navi Finserv Limited
- Quantity: 1,014 units
- Scrip Code: 730964 (NFL230126)
- ISIN: INE342T14FN3
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,88,673.50
- Interest Rate: 9.40% p.a.
- Allotment Date: January 23, 2026
- Redemption Date: April 23, 2026
- Credit Rating: CARE A1+
- Paying Agent: HDFC Bank Limited
Birla Group Holdings Private Limited
- Quantity: 2,000 units
- Scrip Code: 730965 (BGHPL27126)
- ISIN: INE09OL14IK3
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,63,435.00
- Interest Rate: 7.89% p.a.
- Allotment Date: January 27, 2026
- Redemption Date: January 27, 2027
- Credit Rating: CRISIL A1+, ICRA A1+
- Paying Agent: Axis Bank Limited
Adani Enterprises Ltd.
- Quantity: 200 units
- Scrip Code: 730967 (AEL230126)
- ISIN: INE423A14YW3
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,82,301.50
- Interest Rate: 7.40% p.a.
- Allotment Date: January 23, 2026
- Redemption Date: July 23, 2026
- Credit Rating: CARE A1+, ICRA A1+
- Paying Agent: HDFC Bank Limited
L&T Metro Rail (Hyderabad) Limited
- Quantity: 12,000 units
- Scrip Code: 730966 (LTMR230126)
- ISIN: INE128M14AZ6
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,92,232.50
- Interest Rate: 7.48% p.a.
- Allotment Date: January 23, 2026
- Redemption Date: April 10, 2026
- Credit Rating: CRISIL A1+, IND A1+
- Paying Agent: State Bank of India
Julius Baer Capital (India) Private Limited
- Quantity: 2,000 units
- Scrip Code: 730968 (JBCL270126)
- ISIN: INE824H14TK2
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,63,478.00
- Interest Rate: 7.88% p.a.
- Allotment Date: January 27, 2026
- Redemption Date: January 27, 2027
- Credit Rating: CRISIL A1+, ICRA A1+
- Paying Agent: HDFC Bank Limited
Fedbank Financial Services Limited
- Details incomplete in source document
Trading Specifications
- Trading Form: Dematerialized only
- Market Lot: 1 unit
- Standard Denomination: Rs. 5 lakhs and multiples thereof
- Tick Size: 1 paise
- Interest Payment: Cumulative at redemption
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- All trades must be in standard denomination of Rs. 5 lakhs and multiples
- Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Effective Date: January 27, 2026
- Allotment Dates: January 23, 2026 and January 27, 2026 (varies by issuer)
- Redemption Dates: Range from April 10, 2026 to January 27, 2027
Impact Assessment
This is a routine listing notification for the debt market segment with minimal impact on equity markets. The listing provides institutional investors and debt market participants with additional short-term investment instruments from investment-grade issuers. The presence of well-rated companies with A1+ credit ratings indicates strong credit quality. Impact is limited to debt market participants and does not affect equity trading operations.
Impact Justification
Routine listing of commercial papers on debt segment; primarily affects debt market participants and institutional investors.