Description

BSE lists new commercial papers of DSP Finance, KEC International, Bajaj Finance, 360 ONE Alternates, ICICI Home Finance, and Capri Global Capital on the debt market segment effective March 6, 2026.

Summary

BSE has listed new commercial papers (CPs) issued on a private placement basis by six companies on the BSE Debt Segment, effective March 6, 2026. The securities are now admitted to trading in dematerialised form with a standard denomination of Rs. 5 Lakhs and a tick size of 1 paise.

Key Points

  • All CPs trade only in dematerialised form in denominations of Rs. 5 Lakhs and multiples thereof
  • Tick size is 1 paise for all listed securities
  • Six companies have freshly listed commercial papers across scrip codes 731250–731255
  • All CPs carry top-tier short-term credit ratings (A1+ from CRISIL, ICRA, CARE, or IND)
  • Trading members may contact BSE Debt Department at 22728352/8597/8995/5753/8915 for clarifications

Newly Listed Commercial Papers

CompanyScrip CodeISINQuantityIssue Price (Rs.)Rate of InterestRedemption DateRatingIPA
DSP Finance Private Limited731250INE422H142895,000490,4627.80% p.a.04/06/2026ICRA A1+ICICI Bank
KEC International Ltd.731251INE389H14MC82,000491,5526.97% p.a.04/06/2026CRISIL A1+, IND A1+Axis Bank
Bajaj Finance Limited731252INE296A14F3718,000490,7627.55% p.a.04/06/2026CRISIL A1+, ICRA A1+ICICI Bank
360 ONE Alternates Asset Management Limited731253INE0TQI14210500490,3288.00% p.a.03/06/2026CARE A1+, ICRA A1+HDFC Bank
ICICI Home Finance Company Limited731255INE071G14HP61,500491,1477.23% p.a.05/06/2026CARE A1+, ICRA A1+ICICI Bank
Capri Global Capital Limited

Regulatory Changes

No new regulatory changes. This is a routine operational notice pursuant to existing BSE listing and trading regulations for privately placed debt securities.

Compliance Requirements

  • Trading members must ensure all transactions in these securities are conducted in dematerialised form only
  • Trades must be in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Members should use the assigned scrip codes and ISIN numbers for trading

Important Dates

  • Listing effective date: March 6, 2026
  • Allotment dates: March 5, 2026 (DSP Finance, Bajaj Finance, 360 ONE) and March 6, 2026 (KEC International, ICICI Home Finance)
  • Redemption dates: June 3, 2026 (360 ONE); June 4, 2026 (DSP Finance, KEC International, Bajaj Finance); June 5, 2026 (ICICI Home Finance)

Impact Assessment

This is a routine listing notice with moderate market relevance. The largest issuance is Bajaj Finance’s 18,000-unit CP (face value Rs. 500,000 each), representing Rs. 900 crore in notional value, making it significant for debt market participants. All issuers carry the highest short-term credit rating (A1+), indicating minimal credit risk. Debt segment traders and institutional investors in short-term money market instruments are the primary stakeholders affected.

Impact Justification

Routine listing of commercial papers on BSE debt segment; affects debt market participants and trading members dealing in CP instruments of major corporates including Bajaj Finance and KEC International.