Description
BSE announces listing of Rs. 450 crore commercial paper issued by Poonawalla Fincorp Limited for trading on debt segment.
Summary
BSE has listed new commercial paper worth Rs. 450 crore issued by Poonawalla Fincorp Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 22, 2025.
Key Points
- Commercial paper of Rs. 5 lakh face value each (9,000 units)
- Total issue size: Rs. 450 crore
- Scrip Code: 730068, ISIN: INE511C14YW1
- Issue price: Rs. 4,92,135 per unit
- Credit rating: CARE A1+, CRISIL A1+
- ICICI Bank Limited acts as issuing and paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise applies
- Market lot size is 1 unit
Important Dates
- Allotment date: August 21, 2025
- Trading commencement: August 22, 2025
- Redemption date: November 20, 2025
Impact Assessment
Routine debt listing with minimal market impact. Provides additional short-term funding avenue for Poonawalla Fincorp Limited and investment option for institutional investors in highly-rated commercial paper.
Impact Justification
Routine commercial paper listing with no regulatory changes or market-wide impact