Description
BSE notifies listing of five new commercial papers issued on private placement basis by Bajaj Housing Finance, InCred Financial Services, UGRO Capital, Time Technoplast, and Redington Limited, effective April 10, 2026.
Summary
BSE has notified trading members that five new commercial papers issued on a private placement basis have been listed and admitted to trading on the BSE Debt Segment effective April 10, 2026. The securities will trade only in dematerialised form in standard denominations of Rs. 5 Lakhs and multiples thereof, with a tick size of 1 paise.
Key Points
- Five new commercial papers freshly listed on BSE Debt Segment effective April 10, 2026
- All securities trade exclusively in dematerialised form
- Standard denomination: Rs. 5 Lakhs and multiples thereof
- Tick size: 1 paise
- Allotment dates: April 9–10, 2026; redemption dates range from July 2026 to April 2027
- Interest rates range from 6.68% to 8.80% p.a., all cumulative
Listed Securities
| Company | Scrip Code | ISIN | Face Value | Issue Price | Rate | Redemption | IPA |
|---|---|---|---|---|---|---|---|
| Bajaj Housing Finance Limited | 731441 | INE377Y14CE5 | Rs. 5,00,000 | Rs. 4,91,805.17 | 6.68% p.a. | 09/07/2026 | Central Bank of India |
| InCred Financial Services Limited | 731442 | INE321N14422 | Rs. 5,00,000 | Rs. 4,80,198.50 | 8.65% p.a. | 30/09/2026 | The Federal Bank Ltd |
| UGRO Capital Limited | 731443 | INE583D14873 | Rs. 5,00,000 | Rs. 4,78,872.00 | 8.80% p.a. | 09/10/2026 | Yes Bank Limited |
| Time Technoplast Limited | 731444 | INE508G14IQ3 | Rs. 5,00,000 | Rs. 4,61,777.50 | 8.30% p.a. | 09/04/2027 | IDBI Bank Ltd |
| Redington Limited | 731445 | (truncated) | Rs. 5,00,000 | — | — | 22/06/2026 | — |
Credit Ratings
- Bajaj Housing Finance: CRISIL A1+, IND A1+
- InCred Financial Services: ICRA A1+
- UGRO Capital: IND A1+
- Time Technoplast: CRISIL A1+, ICRA A1+
- Redington: (not available in source)
Regulatory Changes
No regulatory changes. This is a standard listing admission notice under existing BSE debt market listing framework.
Compliance Requirements
- Trading members must note that all securities are to be traded only in dematerialised form under their respective ISIN numbers.
- Trading must occur in standard denominations of Rs. 5 Lakhs and multiples thereof.
- For clarifications, trading members may contact the BSE Debt Department at: 22728352 / 8597 / 8995 / 5753 / 8915.
Important Dates
- Listing effective date: April 10, 2026
- Bajaj Housing Finance CP allotment: April 9, 2026 | Redemption: July 9, 2026
- InCred Financial CP allotment: April 9, 2026 | Redemption: September 30, 2026
- UGRO Capital CP allotment: April 9, 2026 | Redemption: October 9, 2026
- Time Technoplast CP allotment: April 10, 2026 | Redemption: April 9, 2027
- Redington CP redemption: June 22, 2026
Impact Assessment
This is a routine operational notice with low market impact. The listing of these commercial papers expands the tradeable universe on the BSE Debt Segment. All five issuers carry top-tier short-term credit ratings (A1+), indicating minimal credit risk. The commercial papers offer yields between 6.68% and 8.80% p.a., reflecting current short-term market rates. No action is required by equity market participants; debt market trading members should update their systems with the new scrip codes and ISINs.
Impact Justification
Routine listing notification for privately placed commercial papers on BSE debt segment; no regulatory changes or compliance requirements for equity market participants.