Announced Wed, 17 Jun · 13:11 IST
Motherson lists INR 300 crore commercial paper on BSE
Fund Raising View source PDF
MOTHERSON · price
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Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹147.32
prior close
₹143.71
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.4+0.4+0.4-1.8-1.6-1.2-2.4-1.8+1.0-3.1-2.0——
Up moveDown movePending
AI summary
Samvardhana Motherson International has listed a commercial paper worth INR 300 crores on BSE. The issue consists of 6,000 units with face value of INR 5 lakh each, carries an interest rate of 7.20 percent, and has a tenure of 87 days maturing on September 11, 2026. Interest is charged upfront. The paper is unsecured and was issued in favour of Kotak Mahindra Bank. This is a routine short-term borrowing.
Likely market impact
Short-term debt raise of INR 300 crores at 7.20% for 87 days; minor impact, routine treasury activity.