Description
BSE lists new privately placed commercial papers from 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 Notice No. 20260306-6 informs trading members that several new privately placed commercial papers have been listed and admitted to trading on the BSE Debt Segment effective March 6, 2026. The securities are issued by DSP Finance Private Limited, KEC International Ltd., Bajaj Finance Limited, 360 ONE Alternates Asset Management Limited, ICICI Home Finance Company Limited, and Capri Global Capital Limited. All securities are traded exclusively in dematerialised form in standard denominations of Rs. 5 Lakhs and multiples thereof, with a tick size of 1 paise.
Key Points
- All six commercial papers are rated A1+ (highest short-term credit rating) by one or more agencies (ICRA, CRISIL, CARE, IND)
- Standard denomination: Rs. 5 Lakhs per unit; tick size: 1 paise
- All securities trade in demat form only
- Maturity dates range from June 3 to June 5, 2026 (approximately 90-day tenor)
- Interest rates range from 6.97% p.a. (KEC International) to 8.00% p.a. (360 ONE Alternates)
- Bajaj Finance has the largest issuance with 18,000 units (face value ~Rs. 900 crore)
- Contact: BSE Debt Department at 22728352/8597/8995/5753/8915
Regulatory Changes
No new regulatory changes. This is a routine listing notification under existing BSE debt segment framework for privately placed securities.
Compliance Requirements
- Trading members must note that all listed commercial papers are to be traded only in dematerialised form under their respective ISIN numbers
- Trading must occur in standard denomination of Rs. 5 Lakhs and multiples thereof
- Tick size of 1 paise must be observed for all the listed securities
Important Dates
| Company | Allotment Date | Redemption Date | Issue Price (Rs.) | Interest Rate |
|---|---|---|---|---|
| DSP Finance Pvt. Ltd. | 05/03/2026 | 04/06/2026 | 490,462 | 7.80% p.a. |
| KEC International Ltd. | 06/03/2026 | 04/06/2026 | 491,552 | 6.97% p.a. |
| Bajaj Finance Limited | 05/03/2026 | 04/06/2026 | 490,762 | 7.55% p.a. |
| 360 ONE Alternates Asset Mgmt. | 05/03/2026 | 03/06/2026 | 490,328 | 8.00% p.a. |
| ICICI Home Finance Co. Ltd. | 06/03/2026 | 05/06/2026 | 491,147 | 7.23% p.a. |
| Capri Global Capital Limited | (partial data) | — | — | — |
- Effective Date: March 6, 2026
Impact Assessment
This is a routine debt segment listing with no extraordinary market impact. The instruments carry the highest short-term credit rating (A1+), indicating minimal credit risk. Bajaj Finance’s issuance of 18,000 commercial paper units at approximately Rs. 900 crore face value is the most significant in size. Debt market trading members gain access to new short-tenor (≈90-day) instruments from well-known issuers. No impact on equity markets is expected. The listing is effective immediately as of March 6, 2026.
Impact Justification
Routine listing of privately placed commercial papers on BSE debt segment; operationally relevant for debt market trading members. Includes large issuers like Bajaj Finance (18,000 units) and multiple A1+ rated instruments, giving it medium market impact.