Description
BSE lists Rs. 350 crore commercial paper issued by Manappuram Finance Limited with 3-month maturity period.
Summary
BSE has listed new commercial papers worth Rs. 350 crore issued by Manappuram Finance Limited on private placement basis, effective August 20, 2025. The papers carry CARE A1+ and CRISIL A1+ credit ratings with a 3-month maturity period.
Key Points
- Commercial paper denomination: Rs. 5,00,000 each
- Total quantity: 7,000 units (Rs. 350 crore)
- Issue price: Rs. 4,91,576 per unit
- Credit ratings: CARE A1+ and CRISIL A1+
- Scrip code: 730051, ISIN: INE522D14OQ9
- Issuing and paying agent: Axis Bank Ltd
- Trading in dematerialized form only
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size maintained at 1 paise
Important Dates
- Allotment date: August 20, 2025
- Listing effective: August 20, 2025
- Redemption date: November 18, 2025
- Maturity period: 90 days
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides short-term funding avenue for Manappuram Finance Limited and investment option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact