Description
BSE lists new commercial paper issue of Manappuram Finance Limited worth Rs. 400 crores for trading on debt segment.
Summary
BSE has listed new commercial paper securities of Manappuram Finance Limited issued on private placement basis, effective September 5, 2025. The issue comprises 8,000 units of Rs. 5 lakh each, totaling Rs. 400 crores.
Key Points
- Commercial paper of Rs. 5,00,000 face value each
- Total quantity: 8,000 units (Rs. 400 crores)
- Issue price: Rs. 4,91,397 per unit
- Scrip code: 730154, Scrip ID: MFL4925
- ISIN: INE522D14OS5
- Credit rating: CARE A1+, CRISIL A1+
- Trading only in dematerialized form
- 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 shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded under the specified ISIN number
Important Dates
- Allotment date: September 4, 2025
- Listing effective date: September 5, 2025
- Redemption date: December 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding. The issue provides Manappuram Finance with working capital financing for approximately 3 months. AXIS BANK serves as the issuing and paying agent.
Impact Justification
Routine commercial paper listing with no market-wide impact