RHRepco Home Finance535322CP issuance

Allotment of Rs.75 crore Commercial Papers at 7.60% to Kotak Mahindra Bank

The company allotted unlisted Commercial Papers worth Rs.75 Crore on 25-09-2026.

By ScoutQuest · Fri 25 Sep 2026, 5:38 PM IST · 1 min read

Issue Size

Rs.75 Crore

Number of Units

1500

Face Value per Unit

Rs.5,00,000

Coupon Rate

7.60%

Credit Rating

ICRA A1+

What happened

Repco Home Finance has allotted Commercial Papers aggregating Rs.75 Crore on 25-09-2026. Commercial Paper is a short-term borrowing instrument used by companies to raise working funds for a few months.

Key terms

• Instrument: Commercial Papers, unlisted
• Issue size: Rs.75 Crore
• Number of units: 1500
• Face value per unit: Rs.5,00,000
• Coupon rate: 7.60%
• Investor: Kotak Mahindra Bank Limited
• Issuing and Paying Agent: The Federal Bank Limited
• Date of allotment: 25-09-2026; Date of redemption: 23-12-2026
• Rating: ICRA A1+
• No special rights, interest or privileges attached

How to read it

For a housing finance company, raising short-term money through Commercial Paper is part of routine funding activity. The tenure here runs from allotment in September to redemption in December 2026, so it is a short-duration borrowing. An ICRA A1+ rating is the highest rating category used for short-term instruments, indicating the rating agency's view on timely repayment.

The entire issue has been taken by a single bank investor, and the borrowing adds to the company's short-term liabilities until redemption.

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