Description
BSE announces listing of Commercial Paper worth Rs. 50 crore issued by Manappuram Finance Limited on private placement basis, effective November 3, 2025.
Summary
BSE has listed new Commercial Paper issued by Manappuram Finance Limited on private placement basis with effect from November 3, 2025. The instrument consists of 1,000 units of Rs. 5,00,000 each, totaling Rs. 50 crore, with maturity date of September 16, 2026. The securities carry CARE A1+ and CRISIL A1+ credit ratings.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000 face value each
- Total quantity: 1,000 units (Rs. 50 crore aggregate)
- Scrip Code: 730478
- Scrip ID: MFL311025
- ISIN: INE522D14OT3
- Issue price: Rs. 4,68,959 per unit
- Credit ratings: CARE A1+ and CRISIL A1+
- Market lot: 1 unit
- Trading tick size: 1 paise
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Issuing and Paying Agent: Axis Bank
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE522D14OT3
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Members must use the tick size of 1 paise for trading
Important Dates
- Notice Date: November 3, 2025
- Listing Effective Date: November 3, 2025
- Deemed Date of Allotment: October 31, 2025
- Redemption Date: September 16, 2026
Impact Assessment
Minimal market impact. This is a routine debt instrument listing on BSE’s debt segment. The commercial paper provides short-term funding for Manappuram Finance Limited with approximately 10.5-month tenor. The high credit ratings (A1+ from both CARE and CRISIL) indicate strong creditworthiness. Trading members dealing in debt securities should note the new scrip code and ISIN for transaction processing.
Impact Justification
Routine commercial paper listing notification with no regulatory changes or market-wide impact. Standard debt instrument listing affecting only specific issuer and investors.