Repco Home Finance Allots Commercial Papers Worth Rs 75 Crore
Repco Home Finance Ltd has completed the allotment of Commercial Papers (CPs) totaling Rs 75 crore. The transaction was finalized on June 23, 2026.The CPs were issued to Kotak Mahindra Bank Limited. The instrument was unlisted and carried a coupon rate of 7.75%. Repco Home Finance Ltd has specified that no special rights are attached to the Commercial Papers.
The details pertaining to the allotment of these instruments, which feature an ICRA A1+ rating, are as follows:
| Description of the Instrument | Details |
|---|---|
| Issue Size | Rs 75 Crore |
| Name of Investor | Kotak Mahindra Bank Limited |
| Date of Allotment | 23-06-2026 |
| Coupon Rate | 7.75% |
| Name of Issuing and Paying Agent | The Federal Bank Limited |
| Date of Redemption | 21-09-2026 |
The Financials provide additional details on the security, including the ISIN INE612J14596 and the face value of Rs 5,00,000 for the 1500 units allotted.
REPCOHOME Stock Price Movement
Shares of Repco Home Finance Limited today slipped by 0.41% to settle at ₹391.75 after trading in the post-market session. The stock recorded a traded volume of 60,604 shares during the day's activity.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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