Description
BSE announces listing of Rs. 100 crore Commercial Paper by Poonawalla Fincorp Limited with 3-month maturity period.
Summary
BSE announces the listing of new Commercial Paper issued by POONAWALLA FINCORP LIMITED on private placement basis. The instrument worth Rs. 100 crores (2000 units of Rs. 5 lakhs each) is listed on BSE Debt segment effective August 11, 2025.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each (2000 units)
- Scrip Code: 729995, Scrip ID: PFL80825
- ISIN: INE511C14YT7
- Credit Rating: CARE A1+, CRISIL A1+
- Issue Price: Rs. 492,207.50 per unit
- Face Value: Rs. 500,000 per unit
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 8, 2025
- Listing Date: August 11, 2025
- Redemption Date: November 7, 2025
- Maturity Period: 3 months
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The Commercial Paper provides short-term funding option for Poonawalla Fincorp and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine debt instrument listing with no market-wide implications