Description

New commercial paper of Rs. 5 lakh denomination listed on BSE debt segment for trading from August 19, 2025.

Summary

Poonawalla Fincorp Limited has listed new commercial paper worth Rs. 350 crores (7,000 units of Rs. 5 lakh each) on BSE’s debt segment. The commercial paper is issued on private placement basis with 91-day maturity period.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000 each
  • Quantity: 7,000 units (Total value: Rs. 350 crores)
  • Scrip Code: 730040
  • ISIN: INE511C14YV3
  • Issue Price: Rs. 4,92,123 per unit
  • Credit Rating: CARE A1+, CRISIL A1+
  • Trading starts: August 19, 2025

Regulatory Changes

No regulatory changes. Standard commercial paper listing process followed.

Compliance Requirements

  • Trading only in dematerialized form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • ICICI Bank Ltd acts as Issuing and Paying Agent

Important Dates

  • Allotment Date: August 18, 2025
  • Trading Start Date: August 19, 2025
  • Redemption Date: November 17, 2025
  • Maturity Period: 91 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. Provides 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 conditions