Description
BSE announces listing of new Commercial Paper worth Rs. 100 crores issued by Poonawalla Fincorp Limited on private placement basis.
Summary
BSE has listed new Commercial Paper securities of Poonawalla Fincorp Limited worth Rs. 100 crores (2000 units of Rs. 5 lakh each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 11, 2025.
Key Points
- Face value: Rs. 5,00,000 per unit
- Total quantity: 2000 units (Rs. 100 crores)
- Issue price: Rs. 4,92,207.50 per unit
- Credit rating: CARE A1+, CRISIL A1+
- Scrip code: 729995
- ISIN: INE511C14YT7
- Market lot: 1 unit
- Trading in dematerialized form only
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing procedure followed.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- ICICI Bank Limited appointed as Issuing and Paying Agent
Important Dates
- Allotment date: August 8, 2025
- Trading commencement: August 11, 2025
- Redemption date: November 7, 2025
- Tenor: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding avenue for Poonawalla Fincorp and investment option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact