Description

NSE announces listing of commercial paper issues by Godrej Properties, Tata Steel, Indian Oil Corporation, Godrej Industries, Afcons Infrastructure, and L&T Finance on the debt market segment.

Summary

NSE has admitted privately placed commercial paper securities from six companies to dealings on the Debt Market Segment effective October 7, 2025. The securities include commercial paper issues by Godrej Properties Limited, Tata Steel Limited, Indian Oil Corporation Limited, Godrej Industries Limited, Afcons Infrastructure Limited, and L&T Finance Limited, all allotted on October 6, 2025.

Key Points

  • Eight commercial paper securities listed on NSE’s Debt Market Segment
  • All securities allotted on October 6, 2025
  • Trading effective from October 7, 2025
  • Total quantity: 126,100 securities with face value of ₹5,00,000 each
  • Maturity periods range from 22 days (L&T Finance) to 1 year (Afcons Infrastructure)
  • Largest issue: Indian Oil Corporation with 75,000 securities (₹37,500 crore)

Securities Listed

Godrej Properties Limited

  • Security: GPL CP 16/12/25 Sr 72
  • ISIN: INE484J14YY2
  • Quantity: 2,000 securities
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,94,241
  • Redemption: December 16, 2025

Tata Steel Limited (Two Issues)

  1. Security: TSL CP 29/12/25

    • ISIN: INE081A14GF1
    • Quantity: 5,000 securities
    • Face Value: ₹5,00,000
    • Issue Price: ₹4,93,302
    • Redemption: December 29, 2025

  2. Security: TSL CP 22/12/25

    • ISIN: INE081A14GG9
    • Quantity: 30,000 securities
    • Face Value: ₹5,00,000
    • Issue Price: ₹4,93,853
    • Redemption: December 22, 2025

Indian Oil Corporation Limited

  • Security: IOCL CP 16/12/25 Sr 762
  • ISIN: INE242A14YO4
  • Quantity: 75,000 securities
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,94,450
  • Redemption: December 16, 2025

Godrej Industries Limited

  • Security: GIL CP 05/01/26 Sr 94
  • ISIN: INE233A144K6
  • Quantity: 1,500 securities
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,92,389
  • Redemption: January 5, 2026

Afcons Infrastructure Limited

  • Security: AIL CP 06/10/26
  • ISIN: INE101I14EQ2
  • Quantity: 2,000 securities
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,60,829.5
  • Redemption: October 6, 2026

L&T Finance Limited (Two Issues)

  1. Security: LTFL CP 28/10/25

    • ISIN: INE498L14EU8
    • Quantity: 6,000 securities
    • Face Value: ₹5,00,000
    • Issue Price: ₹4,98,138.5
    • Redemption: October 28, 2025

  2. Security: LTFL CP 30/10/25

    • ISIN: INE498L14EV6
    • Quantity: 4,600 securities
    • Face Value: ₹5,00,000
    • Issue Price: ₹4,97,970
    • Redemption: October 30, 2025

Regulatory Framework

This listing is notified in pursuance of Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.

Compliance Requirements

  • Securities assigned designated security codes as specified
  • All securities admitted to dealings on the Debt Market Segment
  • Trading commences from October 7, 2025

Important Dates

  • Allotment Date: October 6, 2025 (all securities)
  • Listing Date: October 7, 2025
  • Redemption Dates: Range from October 28, 2025 to October 6, 2026

Impact Assessment

This is a routine administrative circular with no material impact on equity markets or trading operations. The listing of commercial paper securities in the debt segment provides additional short-term debt instruments for institutional investors but does not affect retail equity trading or market structure.

Impact Justification

Routine administrative circular notifying listing of privately placed commercial paper securities with no direct impact on equity trading or market operations