Description

BSE lists 1000 commercial papers of Manappuram Finance Limited worth Rs. 50 crore on private placement basis with redemption on September 16, 2026.

Summary

BSE has listed new commercial papers issued by Manappuram Finance Limited on private placement basis effective November 3, 2025. The listing comprises 1000 commercial papers with a face value of Rs. 5,00,000 each (total Rs. 50 crore), issued at a discount price of Rs. 4,68,959 per unit. The instruments carry CARE A1+ and CRISIL A1+ credit ratings and will mature on September 16, 2026.

Key Points

  • Instrument: Commercial Paper on private placement basis
  • Quantity: 1000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,68,959 per unit (discount pricing)
  • Total Issue Size: Rs. 50 crore
  • Scrip Code: 730478
  • Scrip ID: MFL311025
  • ISIN: INE522D14OT3
  • Credit Rating: CARE A1+, CRISIL A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: AXIS BANK

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE522D14OT3
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded on BSE Debt segment only
  • All trading to be conducted through demat accounts

Important Dates

  • Allotment Date: October 31, 2025
  • Listing Date: November 3, 2025
  • Redemption Date: September 16, 2026
  • Tenor: Approximately 10.5 months

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing on the debt segment with no impact on equity markets.

Operational Impact: No operational changes for trading members. Standard debt trading procedures apply.

Investor Impact: The commercial paper provides short-term investment opportunity with high credit ratings (A1+ from both CARE and CRISIL), indicating strong repayment capacity. The discount pricing (issue price Rs. 4,68,959 vs face value Rs. 5,00,000) implies an effective yield for investors.

Liquidity: Trading in Rs. 5 lakh denominations limits participation to institutional and high-net-worth investors.

Impact Justification

Routine debt instrument listing with no impact on equity markets or trading operations. Standard commercial paper issuance for corporate funding.