BSE Lists New Securities Issued by Axis Finance Limited on Private Placement Basis

Strategic Insights -

Axis Finance Limited has recently issued several commercial papers on a private placement basis, which have been listed and admitted to dealings on the BSE Debt segment. The new securities, with a total value of Rs.1,500,00,000, will be traded in dematerialized form, with a standard denomination of Rs.5 Lakhs and multiples thereof. The tick size for the securities is 1 paise.

Key Takeaways:

  • 3 new commercial papers issued by Axis Finance Limited on a private placement basis have been listed on the BSE Debt segment.
  • The total value of the new securities is Rs.1,500,00,000.
  • The securities will be traded in dematerialized form, with a standard denomination of Rs.5 Lakhs and multiples thereof.
  • The tick size for the securities is 1 paise.
  • The Issuing and Paying agent for the above-mentioned instruments is Axis Bank Limited.
  • The securities have been assigned the following ISIN numbers:

+ INE891K14PM9

+ INE891K14PK3

+ INE891K14PL1

  • The credit rating for the commercial papers is CRISIL A1+, IND A1+.

Statistics:

  • Total value of new securities: Rs.1,500,00,000
  • Number of new commercial papers: 3
  • Standard denomination: Rs.5 Lakhs
  • Tick size: 1 paise
  • Issue price: Rs. 498230.00, Rs. 498314.00, Rs. 498062.00
  • Face value: Rs. 500000.00
  • Paid-up value: Rs. 500000.00
  • Actual/deemed date of allotment: 02/09/2025
  • Date of redemption: 22/09/2025, 23/09/2025, 25/09/2025

Sources:

  • BSE (Bombay Stock Exchange) notice dated 02/09/2025.
  • Axis Finance Limited's private placement documents.
  • BSE Debt segment listing rules and regulations.
  • Axis Bank Limited's website and contact information (phone numbers: 22728352/8597/8995/5753/8915).