Description

Manappuram Finance Limited has listed new Commercial Papers worth Rs. 250 crore (5000 units of Rs. 5 lakh each) on BSE Debt segment with maturity on September 15, 2026.

Summary

BSE has listed new Commercial Paper issued by Manappuram Finance Limited on private placement basis. The instruments comprise 5,000 units of Rs. 5,00,000 each (total Rs. 250 crore), with allotment date of November 6, 2025, and redemption scheduled for September 15, 2026. The Commercial Papers carry credit ratings of CARE A1+ and CRISIL A+, issued at a discount price of Rs. 4,69,407.50 per unit against face value of Rs. 5,00,000.

Key Points

  • Total issuance: 5,000 Commercial Paper units worth Rs. 250 crore
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,69,407.50 (issued at discount)
  • ISIN: INE522D14OU1
  • Scrip Code: 730514, Scrip ID: MFL061125
  • Credit Ratings: CARE A1+ and CRISIL A+
  • Market Lot: 1 unit
  • Allotment Date: November 6, 2025
  • Redemption Date: September 15, 2026
  • Tenor: Approximately 10 months
  • Issuing and Paying Agent: AXS Bank

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE522D14OU1
  • Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities will be available for trading on BSE Debt segment effective November 7, 2025

Important Dates

  • Allotment Date: November 6, 2025
  • Listing Date: November 7, 2025
  • Redemption Date: September 15, 2026

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper issuance by Manappuram Finance Limited, a non-banking financial company, for short-term funding requirements. The Rs. 250 crore issuance is part of normal treasury operations.

Investor Impact: The instruments carry strong credit ratings (CARE A1+ and CRISIL A+), indicating high safety and adequate degree of safety regarding timely payment. The discount pricing (Rs. 4.69 lakh vs Rs. 5 lakh face value) implies an effective yield for investors over the 10-month tenor.

Operational Impact: Limited to debt market participants. Trading members can access these instruments through BSE Debt segment with standard dematerialized trading protocols.

Impact Justification

Routine commercial paper listing by Manappuram Finance. No material market impact - standard short-term debt instrument issuance for working capital needs.