Repco Home Finance Limited has informed the Exchange regarding 'Intimation regarding allotment of Commercial Papers '.
REPCOHOME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Repco Home Finance has allotted Commercial Papers (CPs) worth Rs. 50 crore on 25th June 2025. The issue consists of 1,000 units with a face value of Rs. 5 lakh each, carrying a coupon rate of 8.15% and a one-year maturity (redeemable on 25th June 2026). The sole investor is The Federal Bank Limited, which also acts as the issuing and paying agent. The CPs are unlisted and carry a top-tier short-term credit rating of CARE A1+, indicating strong credit quality.
This is a routine short-term borrowing by Repco Home Finance at a competitive rate, providing Rs. 50 crore of funding for one year. It signals continued access to debt markets but is too small and short-term to materially impact the stock price.