Description

BSE lists commercial papers from 360 ONE Alternates, Bajaj Finance, Pilani Investment, Gera Developments, and Vivriti Capital on its debt segment effective January 30, 2026.

Summary

BSE has listed commercial papers issued on private placement basis by five companies on its debt market segment effective January 30, 2026. The securities include issues from 360 ONE Alternates Asset Management Limited (2 issues), Bajaj Finance Limited, Pilani Investment and Industries Corporation Limited, Gera Developments Private Limited, and Vivriti Capital Limited. All securities will trade in dematerialized form only.

Key Points

  • Total of 5 commercial paper issues listed on BSE Debt Segment
  • Trading in dematerialized form only under specified ISIN numbers
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for securities is 1 paise
  • Interest rates range from 6.95% to 8.10% p.a.
  • Maturity periods vary from 3 months to 12 months
  • All issues rated A1+ by CARE, CRISIL, or ICRA

Regulatory Changes

No regulatory changes. This is a routine listing notification.

Compliance Requirements

  • Trading members must note that securities will trade only in dematerialized form
  • Trading to be conducted in standard denomination of Rs. 5 lakhs and multiples
  • Contact debt department at 22728352/8597/8995/5753/8915 for clarifications

Important Dates

  • Effective Date: January 30, 2026 (trading admitted)
  • 360 ONE Alternates (Issue 1): Allotment: Jan 29, 2026 | Redemption: Apr 29, 2026
  • 360 ONE Alternates (Issue 2): Allotment: Jan 29, 2026 | Redemption: Jul 29, 2026
  • Bajaj Finance: Allotment: Jan 29, 2026 | Redemption: Apr 30, 2026
  • Pilani Investment: Allotment: Jan 30, 2026 | Redemption: Jan 29, 2027
  • Gera Developments: Allotment: Jan 29, 2026 | Redemption: Jul 29, 2026

Impact Assessment

Market Impact: Minimal. This is a routine listing of debt securities on the debt market segment and does not affect equity trading or broader market operations.

Operational Impact: None for equity market participants. Only affects debt segment trading members who may trade these commercial papers.

Investor Impact: Provides additional investment opportunities in highly-rated (A1+) short-term debt instruments from reputed issuers including Bajaj Finance Limited.

Detailed Instrument Information

360 ONE Alternates Asset Management Limited - Issue 1

  • Scrip Code: 730985 | ISIN: INE0TQI14087
  • Quantity: 100 | Face Value: Rs. 500,000
  • Issue Price: Rs. 490,328 | Interest Rate: 8.00% p.a.
  • Rating: CARE A1+ | Issuing Agent: HDFC Bank Limited

360 ONE Alternates Asset Management Limited - Issue 2

  • Scrip Code: 730986 | ISIN: INE0TQI14079
  • Quantity: 200 | Face Value: Rs. 500,000
  • Issue Price: Rs. 480,692 | Interest Rate: 8.10% p.a.
  • Rating: CARE A1+ | Issuing Agent: HDFC Bank Limited

Bajaj Finance Limited

  • Scrip Code: 730987 | ISIN: INE296A14E61
  • Quantity: 3,000 | Face Value: Rs. 500,000
  • Issue Price: Rs. 490,642 | Interest Rate: 7.65% p.a.
  • Rating: CRISIL A1+, ICRA A1+ | Issuing Agent: ICICI Bank Limited

Pilani Investment and Industries Corporation Limited

  • Scrip Code: 730988 | ISIN: INE417C14AK6
  • Quantity: 2,000 | Face Value: Rs. 500,000
  • Issue Price: Rs. 463,057 | Interest Rate: 8.00% p.a.
  • Rating: CARE A1+, CRISIL A1+ | Issuing Agent: ICICI Bank Ltd

Gera Developments Private Limited

  • Scrip Code: 730989 | ISIN: INE965R14013
  • Quantity: 500 | Face Value: Rs. 500,000
  • Issue Price: Rs. 483,342 | Interest Rate: 6.95% p.a.
  • Rating: CARE A1+ | Issuing Agent: AXIS BANK LIMITED

Impact Justification

Routine listing of privately placed commercial papers on debt segment with no impact on equity trading or regulatory changes