Description
BSE lists new commercial paper issuance by Manappuram Finance Limited worth Rs. 200 crores with 90-day maturity.
Summary
BSE has listed new commercial paper issued by Manappuram Finance Limited on private placement basis. The issue consists of 4,000 units of Rs. 5 lakh each, totaling Rs. 200 crores, with a 90-day maturity period.
Key Points
- Commercial paper of Rs. 5,00,000 face value each
- Total quantity: 4,000 units (Rs. 200 crores)
- Issue price: Rs. 4,91,695 per unit
- Market lot: 1 unit
- Scrip code: 730111
- ISIN: INE522D14OR7
- Credit rating: CARE A1+, CRISIL A1+
- Issuing and paying agent: Axis Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
Important Dates
- Allotment date: August 26, 2025
- Redemption date: November 24, 2025
- Trading commencement: August 28, 2025
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding option for Manappuram Finance Limited and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide impact