Description
BSE lists new commercial paper of POONAWALLA FINCORP LIMITED worth Rs. 35 crores on private placement basis.
Summary
BSE has listed new commercial paper securities of POONAWALLA FINCORP LIMITED on the debt segment. The securities were issued on private placement basis with a total value of Rs. 35 crores (7,000 units of Rs. 5 lakh each).
Key Points
- 7,000 commercial paper units of Rs. 5 lakh each listed on BSE debt segment
- Securities issued on private placement basis
- Issue price: Rs. 4,92,123 per unit (face value Rs. 5,00,000)
- Credit rating: CARE A1+ and CRISIL A1+
- ISIN: INE511C14YV3, Scrip Code: 730040
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading must be in standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Ltd serves as issuing and paying agent
Important Dates
- Allotment Date: August 18, 2025
- Listing Date: August 19, 2025
- Redemption Date: November 17, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding option for POONAWALLA FINCORP LIMITED and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no significant market impact