Description

BSE announces the listing of new Commercial Paper issued by Poonawalla Fincorp Limited worth Rs. 250 crores on private placement basis, with effect from October 24, 2025.

Summary

BSE has listed new Commercial Paper issued by Poonawalla Fincorp Limited on private placement basis. The securities are admitted to dealings on the BSE Debt segment with effect from October 24, 2025. The issue comprises 5,000 units of Rs. 5 lakh each, totaling Rs. 250 crores.

Key Points

  • Issuer: Poonawalla Fincorp Limited
  • Security Type: Commercial Paper (private placement)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,781.50 per unit
  • Total Quantity: 5,000 units
  • Market Lot: 1 unit
  • Scrip Code: 728648
  • Scrip ID: PFL230125
  • Detail Name: PFL-23-1-26-CP
  • ISIN: INE511C14XZ6 (further listing under same ISIN)
  • Credit Rating: CARE A1+, CRISIL A1+
  • Issuing and Paying Agent: ICICI Bank Ltd
  • Trading: Dematerialized form only
  • Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade the securities only in dematerialized form under the specified ISIN
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be adhered to for price movements

Important Dates

  • Notice Date: October 24, 2025
  • Listing Date: October 24, 2025
  • Allotment Date: October 23, 2025
  • Redemption Date: January 23, 2026
  • Tenure: 92 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine listing of short-term commercial paper on private placement basis. The instrument provides additional short-term debt options for investors in the debt segment.

Operational Impact: Low. Standard debt trading procedures apply. Trading members can contact BSE debt department at specified numbers (22728352/8597/8995/5753/8915) for clarifications.

Investor Impact: The commercial paper offers high credit quality with dual A1+ ratings from CARE and CRISIL, indicating strong repayment capacity. The discount-based instrument (issued at Rs. 4,91,781.50 against face value of Rs. 5,00,000) provides short-term investment opportunity with 92-day maturity.

Impact Justification

Routine listing of commercial paper on private placement basis. Standard short-term debt instrument with no broader market implications.