Description
BSE lists new debt securities of Poonawalla Fincorp Limited worth ₹35 crore with 7.52% interest rate and 3-year tenure.
Summary
BSE has listed new debt securities of Poonawalla Fincorp Limited issued on private placement basis. The securities carry a face value of ₹1 lakh each with a total quantity of 35,000 units, representing ₹350 crore in debt issuance.
Key Points
- Securities issued on private placement basis by Poonawalla Fincorp Limited
- Total quantity: 35,000 securities with face value of ₹1,00,000 each
- Interest rate: 7.52% per annum paid annually
- Credit rating: CRISIL AAA/Stable
- Trading only in dematerialized form
- Tick size: 1 paise
Security Details
- Scrip Code: 977057
- Scrip ID: 752PFL28
- ISIN: INE511C07920
- Issue Price: ₹1,00,000
- Date of Allotment: August 25, 2025
- Market Lot: 1 unit
Important Dates
- Allotment Date: August 25, 2025
- Interest Payment Dates: Annually from February 25, 2026 to February 25, 2028
- Redemption Date: February 25, 2028
- Trading Commencement: August 28, 2025
Trading Information
- Securities will trade only in dematerialized form
- No put/call options available
- Trading members can contact debt department for clarifications
- Placement memorandum available on BSE website
Impact Assessment
Routine debt security listing with minimal market impact. The AAA credit rating indicates strong creditworthiness, and the 7.52% interest rate reflects current market conditions for corporate bonds.
Impact Justification
Routine debt security listing with standard terms and limited market impact