APL Apollo Tubes has announced the issuance of commercial paper totaling Rs 200 Crores. The paper, with ISIN INE702C14CU6, was allotted on January 9, 2026, and has a maturity date of March 18, 2026. The commercial paper carries an interest rate of 6.20% and has a tenure of 68 days. It is issued in favour of UTI-Liquid Fund and has a credit rating of [ICRA] A1+.
Commercial Paper Issuance
APL Apollo Tubes has issued commercial paper amounting to Rs 200 Crores. This issuance aims to meet the company’s short-term funding requirements.
Key Details of the Commercial Paper
The key details of the issued commercial paper are as follows:
Details:
- Total Amount: Rs. 200 Crore
- ISIN: INE702C14CU6
- Allotment Date: 09/01/2026
- Maturity Date: 18/03/2026
- Rate: 6.20%
- Tenure: 68 Days
- Issued in favour of: UTI-Liquid Fund
- Credit Ratings: [ICRA] A1+
The issued commercial paper is scheduled to be listed on BSE Limited. The allotment date for this issuance was January 9, 2026, with a maturity date set for March 18, 2026.
Source: BSE
