Description
BSE announces listing of Rs. 200 crore commercial paper issued by Manappuram Finance Limited with 90-day maturity period.
Summary
BSE has listed new commercial paper securities of Manappuram Finance Limited worth Rs. 200 crores (4000 units of Rs. 5 lakh each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 28, 2025.
Key Points
- Commercial paper of Rs. 5,00,000 face value each
- Total quantity: 4000 units (Rs. 200 crores)
- Issue price: Rs. 4,91,695 per unit
- Scrip Code: 730111, ISIN: INE522D14OR7
- Credit rating: CARE A1+, CRISIL A1+
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities to be traded only in dematerialised form
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
- Market lot: 1 unit
Important Dates
- Allotment Date: August 26, 2025
- Trading Commencement: August 28, 2025
- Redemption Date: November 24, 2025
- Maturity Period: 90 days
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding for Manappuram Finance Limited and offers investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market disruption or regulatory changes