Description

BSE announces listing of commercial paper worth Rs. 500 crore issued by Poonawalla Fincorp Limited on private placement basis, effective October 29, 2025.

Summary

BSE has listed new Commercial Paper securities issued by Poonawalla Fincorp Limited on private placement basis, effective October 29, 2025. The instrument comprises 10,000 commercial papers with a face value of Rs. 5,00,000 each, totaling Rs. 500 crore. The securities are listed on the BSE Debt segment and will be traded exclusively in dematerialized form with ICICI Bank Limited acting as the Issuing and Paying Agent.

Key Points

  • Issuer: Poonawalla Fincorp Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 10,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Total Issue Size: Rs. 500 crore
  • Issue Price: Rs. 4,91,845.50 per unit
  • Scrip Code: 730450
  • Scrip ID: PFL281025
  • ISIN: INE511C14YZ4
  • Credit Rating: CARE A1+, CRISIL A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities on private placement basis.

Compliance Requirements

  • Trading members must ensure transactions are conducted only in dematerialized form under ISIN INE511C14YZ4
  • Trading must be done in standard denominations of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be maintained for all transactions
  • For clarifications, trading members should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 28, 2025
  • Listing Date: October 29, 2025
  • Redemption Date: January 27, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

This listing has minimal market-wide impact as it represents a routine short-term debt instrument listing. The commercial paper provides Poonawalla Fincorp with short-term financing for approximately 3 months. The high credit ratings (A1+ from both CARE and CRISIL) indicate low credit risk. Impact is limited to debt market participants and institutional investors dealing in commercial paper instruments. The instrument offers a discount yield based on the issue price versus face value.

Impact Justification

Routine commercial paper listing with no market-wide implications, affects only debt segment participants interested in Poonawalla Fincorp instruments