Description
BSE lists new commercial paper worth Rs. 200 crores issued by Manappuram Finance Limited on private placement basis.
Summary
BSE has listed new commercial paper worth Rs. 200 crores (4000 units of Rs. 5 lakh each) issued by Manappuram Finance Limited on private placement basis. The securities will trade on BSE Debt segment with effect from August 19, 2025.
Key Points
- Commercial paper quantity: 4000 units of Rs. 5,00,000/- each
- Total issue size: Rs. 200 crores
- Issue price: Rs. 464,644.50 per unit
- Credit rating: CARE A1+, CRISIL A1+
- Scrip code: 730043
- ISIN: INE522D14OP1
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Axis Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: August 18, 2025
- Listing date: August 19, 2025
- Redemption date: August 17, 2026
Impact Assessment
Limited market impact as this is a routine commercial paper listing. The instrument provides additional short-term funding option for Manappuram Finance Limited and investment opportunity for institutional investors in the debt market.
Impact Justification
Routine commercial paper listing with limited market impact