Description

BSE announces listing of two series of Commercial Paper issued by Muthoottu Mini Financiers Limited on private placement basis, totaling Rs. 75 crores, with CARE A1 rating.

Summary

BSE has listed two series of Commercial Paper issued by Muthoottu Mini Financiers Limited on private placement basis, effective October 9, 2025. The first series consists of 500 units maturing on April 13, 2026, and the second series consists of 1,000 units maturing on October 8, 2026. Both instruments are rated CARE A1 and have HDFC Bank Ltd as the Issuing and Paying agent.

Key Points

  • First Series (MMFL-13-4-26-CP): 500 units of Rs. 5 lakhs each, ISIN INE101Q14264, issued at Rs. 476,794 per unit, maturing April 13, 2026
  • Second Series (MMFL-8-10-26-CP): 1,000 units of Rs. 5 lakhs each, ISIN INE101Q14256, issued at Rs. 454,545.50 per unit, maturing October 8, 2026
  • Both series have face value of Rs. 5,00,000 per unit
  • Credit rating: CARE A1 for both instruments
  • Date of allotment: October 8, 2025
  • Issuing and Paying Agent: HDFC Bank Ltd
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must note that securities will be traded only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Market lot is 1 unit for both series
  • Members requiring clarification should contact the debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Listing Date: October 9, 2025 (effective date)
  • Allotment Date: October 8, 2025
  • Redemption Dates:
    • First Series: April 13, 2026
    • Second Series: October 8, 2026

Impact Assessment

Market Impact: Minimal. This is a routine listing of commercial paper on the BSE Debt segment. The listing adds Rs. 75 crores worth of short-term debt instruments to the market.

Operational Impact: Limited to trading members dealing in debt securities. The standard trading parameters (dematerialized form, Rs. 5 lakh denomination, 1 paise tick size) are consistent with existing market practices.

Investor Impact: Provides additional short-term investment options for debt market participants seeking CARE A1-rated commercial paper with 6-month and 12-month tenures.

Impact Justification

Routine commercial paper listing for a specific issuer with limited market-wide impact. Relevant primarily to debt market participants and investors in Muthoottu Mini Financiers.