Announced Thu, 9 Jul · 18:52 IST
Himadri Speciality allots Rs 150 Crore Commercial Paper at 6.60%
Fund Raising View source PDF
HSCL · price
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Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹650.80
prior close
₹656.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+1.2+1.3+1.2+1.7+3.2+4.7+10.9+13.9+22.8————
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AI summary
Himadri Speciality Chemical has allotted 3,000 commercial paper units of Rs 5 lakh each, totalling Rs 150 Crore. The CPs carry a discount rate of 6.60% per annum, have a 90-day tenure maturing on 7 October 2026, and are unsecured. The issue was placed with Kotak Mahindra Bank, with ICICI Bank as the Issuing and Paying Agent. The CPs are proposed to be listed on BSE.
Likely market impact
Short-term debt raise of Rs 150 Crore at 6.60% shows easy access to credit markets, but adds to short-term obligations due in Oct 2026.