Description
New commercial paper worth Rs. 400 crores issued by Manappuram Finance Limited listed on BSE Debt segment with 3-month maturity.
Summary
Manappuram Finance Limited has listed new commercial paper worth Rs. 400 crores (8,000 units of Rs. 5 lakh each) on BSE Debt segment. The commercial paper was issued on private placement basis with a 3-month maturity period.
Key Points
- Commercial paper of Rs. 5,00,000/- each (8,000 units)
- Total issue size: Rs. 400 crores
- Scrip Code: 730154, Scrip ID: MFL4925
- ISIN: INE522D14OS5
- Credit Rating: CARE A1+, CRISIL A1+
- Issue price: Rs. 4,91,397 per unit
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
- AXIS BANK acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 4, 2025
- Listing Date: September 5, 2025
- Redemption Date: December 3, 2025
- Maturity Period: 3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for Manappuram Finance Limited and investment opportunity for institutional investors in highly-rated commercial paper.
Impact Justification
Routine commercial paper listing with standard terms and conditions