Sunteck Realty issues ₹70 crore commercial paper at 7.75% interest
- Sunteck Realty issued ₹70 crore in unsecured commercial paper on October 21, 2026
- The instrument carries an annual interest rate of 7.75% with a 180-day tenure
- Maturity date is set for April 19, 2027, with an INDA1+ credit rating from India Ratings
*this image is generated using AI for illustrative purposes only.
Sunteck Realty Limited issued ₹70 crore in unsecured commercial paper on October 21, 2026, carrying an annual interest rate of 7.75%.
The instrument has a tenure of 180 days, maturing on April 19, 2027. The company received a credit rating of INDA1+ from India Ratings and Research for this short-term debt instrument.
Instrument details
The commercial paper was issued with a face value of ₹5,00,000 per unit. Interest is payable immediately upon issuance, while the principal amount will be repaid on maturity. The security is listed on BSE Limited.
| Particulars | Details |
|---|---|
| Size of issue | ₹70 crore |
| Tenure | 180 days |
| Interest rate | 7.75% p.a. |
| Credit rating | INDA1+ (India Ratings) |
| Security type | Unsecured |
| Maturity date | April 19, 2027 |
Issuance terms
The issuance was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no special rights or privileges are attached to the instrument. There were no defaults or delays in payment of interest or principal reported at the time of issuance.
Historical Stock Returns for Sunteck Realty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.36% | -0.41% | -8.76% | -19.59% | -37.39% | -44.46% |
How will the ₹70 crore commercial paper issuance impact Sunteck Realty's short-term liquidity position and working capital cycle over the next six months?
What are the implications of the 7.75% interest rate for Sunteck Realty's overall cost of debt compared to its previous borrowings and industry peers?
Does this short-term borrowing signal an acceleration in project launches or land acquisitions by Sunteck Realty ahead of the April 2027 maturity?
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