Description

BSE announces listing of new commercial paper worth Rs. 60 crores issued by Poonawalla Fincorp Limited on private placement basis.

Summary

BSE has listed new commercial paper securities issued by Poonawalla Fincorp Limited on private placement basis with effect from September 1, 2025. The issue comprises 12,000 securities of Rs. 5 lakh face value each, totaling Rs. 60 crores.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Quantity: 12,000 units (Total value: Rs. 60 crores)
  • Scrip Code: 730104
  • ISIN: INE511C14YX9 (Further listing under same ISIN)
  • Issue Price: Rs. 4,92,308.50 per unit
  • Credit Rating: CARE A1+, CRISIL A1+
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for securities is 1 paise
  • ICICI Bank Ltd acts as Issuing and Paying agent

Important Dates

  • Listing Date: September 1, 2025
  • Allotment Date: August 29, 2025
  • Redemption Date: November 25, 2025
  • Tenure: Approximately 88 days

Impact Assessment

Low market impact as this is a routine commercial paper listing. The securities provide short-term funding option for Poonawalla Fincorp and investment opportunity for institutional investors. Trading restricted to debt segment with standard commercial paper terms.

Impact Justification

Routine commercial paper listing with standard terms and limited market impact