Description
BSE announces listing of Rs. 600 crore commercial paper issue by Poonawalla Fincorp Limited with 88-day maturity.
Summary
BSE has listed new commercial paper securities of Poonawalla Fincorp Limited worth Rs. 600 crores (12,000 units of Rs. 5 lakhs each) issued on private placement basis. The securities are listed on BSE Debt segment effective September 1, 2025, with redemption date of November 25, 2025.
Key Points
- Issue size: Rs. 600 crores (12,000 units of Rs. 5,00,000 each)
- Issue price: Rs. 4,92,308.50 per unit (face value Rs. 5,00,000)
- Scrip Code: 730104, Scrip ID: PFL260825
- ISIN: INE511C14YX9 (further listing under same ISIN)
- Credit rating: CARE A1+, CRISIL A1+
- Issuing and Paying Agent: ICICI Bank Ltd
- Trading in dematerialized form only
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: 1 paise
- Market lot: 1 unit
Important Dates
- Allotment date: August 29, 2025
- Listing date: September 1, 2025
- Redemption date: November 25, 2025
- Maturity period: 88 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing by Poonawalla Fincorp. The short-term debt instrument provides additional funding avenue for the company and investment option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide impact