Company allots Rs 200 crore Commercial Paper at 7.20% for 43 days
Avenue Supermarts allotted Commercial Paper of Rs 200 crores on 29th October, 2026.
By ScoutQuest · · 1 min read
- CP Issue Size
- Rs 200 crores
- Coupon Rate
- 7.20%
- Tenure / Maturity
- 43 days, maturing 11th December, 2026
What was announced
Avenue Supermarts has allotted Commercial Paper - a short-term borrowing instrument issued by companies - and disclosed the terms to the stock exchanges.
- Size of the issue: Rs 200 crores
- Tenure: 43 days (allotted 29th October, 2026, maturing 11th December, 2026)
- Coupon: 7.20%, with interest and principal payable on 11th December, 2026
- Security: unsecured - no charge created over the company's assets
- Credit rating: ICRA A1+
- Listing: proposed to be listed on BSE Limited
What Commercial Paper means
Commercial Paper is a form of short-term borrowing that large companies use to meet working capital or temporary funding needs. The company borrows money from investors for a fixed, usually short, period and repays it on the maturity date with interest.
Because the tenure here is only 43 days, the borrowing is temporary in nature and matures on 11th December, 2026.
Points a reader can note
- The instrument is unsecured, meaning lenders do not have a claim on specific company assets against this borrowing.
- The issue carries an ICRA A1+ rating.
- The company has stated there is no delay or default in payment of interest or principal beyond three months from the due date, and no letter or comment on non-payment.
- No special rights or privileges are attached to the instrument.
How to read this
This is a routine funding disclosure. It tells investors the company has raised short-term money and what it costs - a 7.20% coupon over 43 days on Rs 200 crores. The update does not state what the money will be used for.
Also from Avenue Supermarts
New store opened at Kiwale, Pune; total store count now 520
3 Nov 2026
Dealing room checks show buy flows and higher delivery volumes on Avenue Supermarts, stock ended green Friday
2 Nov 2026
New store opened at GHS Mall, Pune; total store count now 519
30 Oct 2026
More numbers
- Size of the Commercial Paper issueRs 200 crores
- Tenure of the instrument43 days
- Coupon / interest offered7.20%
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