Description
Listing of commercial paper issued by 360 ONE Prime Limited, Birla Group Holdings, Pilani Investment, Godrej Housing Finance, Vivriti Capital, and Aditya Birla Housing Finance on BSE Debt Segment.
Summary
BSE has listed commercial paper issued by six companies on private placement basis on the BSE Debt Segment effective February 6, 2026. The securities will trade in dematerialized form with a standard denomination of Rs. 5 lakhs and tick size of 1 paise.
Key Points
- Six companies have listed commercial paper totaling 19,200 units (Rs. 9,600 crores)
- All securities rated A1+ by CRISIL/ICRA/CARE
- Trading permitted only in dematerialized form
- Standard market lot size: 1 unit
- Minimum trading denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Interest rates range from 7.25% to 8.90% p.a.
- Maturity periods range from 91 days to 364 days
Listed Securities Details
360 ONE Prime Limited (OPL50226)
- Scrip Code: 731024, ISIN: INE248U14SW4
- Quantity: 2,000 units (Rs. 100 crores)
- Issue Price: Rs. 489,743.50, Face Value: Rs. 500,000
- Interest Rate: 8.40% p.a. (cumulative)
- Allotment Date: February 5, 2026
- Redemption Date: May 7, 2026 (91 days)
- Issuing Agent: HDFC Bank Limited
Birla Group Holdings Private Limited (BGHP60226)
- Scrip Code: 731025, ISIN: INE09OL14IP2
- Quantity: 10,000 units (Rs. 500 crores)
- Issue Price: Rs. 463,057, Face Value: Rs. 500,000
- Interest Rate: 8% p.a. (cumulative)
- Allotment Date: February 6, 2026
- Redemption Date: February 5, 2027 (364 days)
- Issuing Agent: Axis Bank Limited
Pilani Investment And Industries Corporation Limited (PIICL6226)
- Scrip Code: 731026, ISIN: INE417C14AL4
- Quantity: 5,500 units (Rs. 275 crores)
- Issue Price: Rs. 463,057, Face Value: Rs. 500,000
- Interest Rate: 8% p.a. (cumulative)
- Allotment Date: February 6, 2026
- Redemption Date: February 5, 2027 (364 days)
- Issuing Agent: ICICI Bank Ltd
Godrej Housing Finance Limited (GHFL6226)
- Scrip Code: 731027, ISIN: INE02JD14724
- Quantity: 1,500 units (Rs. 75 crores)
- Issue Price: Rs. 491,123, Face Value: Rs. 500,000
- Interest Rate: 7.25% p.a. (cumulative)
- Allotment Date: February 6, 2026
- Redemption Date: May 8, 2026 (91 days)
- Issuing Agent: ICICI Bank Limited
Vivriti Capital Limited (VCL050226)
- Scrip Code: 731028, ISIN: INE01HV14AP9
- Quantity: 200 units (Rs. 10 crores)
- Issue Price: Rs. 485,786, Face Value: Rs. 500,000
- Interest Rate: 8.90% p.a. (cumulative)
- Allotment Date: February 5, 2026
- Redemption Date: June 5, 2026 (120 days)
- Issuing Agent: The Federal Bank Ltd
Aditya Birla Housing Finance Limited
- Details incomplete in source circular
Regulatory Changes
No regulatory changes. Standard listing procedures applied.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trades must be executed in standard denomination of Rs. 5 lakhs and multiples thereof
- Minimum tick size of 1 paise must be observed
- For clarifications, trading members should contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Effective Date: February 6, 2026 (trading commences)
- Allotment Dates: February 5-6, 2026
- Redemption Dates: Range from May 7, 2026 to February 5, 2027
Impact Assessment
Market Impact: Low - Routine listing of debt instruments on BSE Debt Segment with no impact on equity markets.
Operational Impact: Minimal - Standard trading procedures apply. Trading members have established processes for debt segment trading in dematerialized form.
Liquidity: Commercial paper provides short-term funding options for issuers and investment opportunities for institutional investors in the debt market.
Impact Justification
Routine listing of privately placed commercial paper instruments on debt segment with standard trading parameters