Description
BSE lists new commercial paper worth Rs. 125 crore issued by Poonawalla Fincorp on private placement basis, effective August 28, 2025.
Summary
BSE has listed new commercial paper issued by Poonawalla Fincorp Limited on private placement basis. The instrument consists of 2,500 units of Rs. 5 lakh each, totaling Rs. 125 crore, with a 3-month maturity period from August 26, 2025 to November 25, 2025.
Key Points
- Commercial Paper worth Rs. 125 crore (2,500 units × Rs. 5 lakh each)
- Issue price: Rs. 4,92,135 per unit (face value Rs. 5 lakh)
- Credit rating: CARE A1+ and CRISIL A1+
- Scrip Code: 730104, ISIN: INE511C14YX9
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Ltd acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 26, 2025
- Listing Date: August 28, 2025
- Redemption Date: November 25, 2025
- Maturity Period: 91 days
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides additional funding options for Poonawalla Fincorp and offers investment opportunities for institutional investors seeking short-term, highly-rated debt instruments.
Impact Justification
Routine commercial paper listing with standard terms and minimal market impact