Description
BSE announces listing and trading of new Commercial Paper issued by Manappuram Finance Limited on private placement basis, effective July 25, 2025.
Summary
BSE has listed and admitted to trading new Commercial Paper securities issued by Manappuram Finance Limited on private placement basis. The securities are worth ₹5 lakh each with 6,000 units totaling ₹30 crores, effective from July 25, 2025. The Commercial Paper carries CARE A1+ and CRISIL A1+ credit ratings and will mature on June 10, 2026.
Key Points
- 6,000 Commercial Paper units of ₹5,00,000 each listed on BSE Debt segment
- Total issue size: ₹30 crores on private placement basis
- Credit ratings: CARE A1+ and CRISIL A1+
- Issue price: ₹4,68,365.50 per unit (discount to face value)
- Trading in dematerialized form only under ISIN INE522D14OO4
- Standard denomination: ₹5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for debt securities.
Compliance Requirements
- Trading members must ensure securities are traded only in dematerialized form
- Trading must occur in standard denominations of ₹5 lakhs and multiples
- Securities identification: Scrip Code 729894, Scrip ID MFL240725
Important Dates
- Date of Allotment: July 24, 2025
- Listing Effective Date: July 25, 2025
- Redemption Date: June 10, 2026
- Tenure: Approximately 10 months and 16 days
Impact Assessment
This is a routine debt market listing with minimal impact on overall market operations. The listing provides additional short-term debt investment options for institutional investors in the BSE debt segment. Axis Bank serves as the Issuing and Paying Agent, ensuring proper settlement mechanisms are in place.
Impact Justification
Routine commercial paper listing with limited market impact, affecting only debt segment trading