Interise Trust Allots Rs 1,727.10 Crores in Unsecured Commercial Papers
Interise Trust has finalized the allotment of commercial papers, raising a total issue size of Rs. 1,727.10 Crores through its designated investment manager. The transaction involved the issuance of unsecured, listed, and rated commercial papers to institutional investors.The Investment and Finance Committee of Interise Investment Managers Private Limited, which serves as the Investment Manager for the Trust, completed the allotment on June 3, 2026.
The newly issued financial instruments are detailed below:
| Metric | Details |
|---|---|
| Total Issue Size | Rs. 1,727.10 Crores |
| Number of Commercial Papers | 34,542 |
| Face Value per Paper | Rs. 5 Lakhs (Rupees Five Lakh only) |
| Tenor/Period | 91 days |
The commercial papers are unsecured and carry a listed and rated status. Following the allotment, the Trust expects the securities to be listed on the stock exchange by June 4, 2026.
INTERISE Stock Price Movement
Interise Trust gained a solid 2.02% in post-market trading today, as shares settled at ₹109.75. The equity notably hit its 52-week high, reflecting strong market performance for the Transport Infrastructure sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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