Description
BSE announces listing of Rs. 300 crore Commercial Paper issued by Poonawalla Fincorp Limited on private placement basis, effective November 11, 2025.
Summary
BSE has listed new Commercial Paper securities issued by Poonawalla Fincorp Limited on a private placement basis. The instruments comprise 6,000 units of Rs. 5 lakh each, totaling Rs. 300 crore, and are admitted to trading on the BSE Debt segment effective November 11, 2025. The securities carry dual credit ratings of CARE A1+ and CRISIL A1+.
Key Points
- Total issue size: 6,000 units of Rs. 5,00,000 each (Rs. 300 crore)
- Issue price: Rs. 4,92,431.50 per unit
- Face value: Rs. 5,00,000 per unit
- Scrip Code: 730531
- Scrip ID: PFL101125
- ISIN: INE511C14ZA4
- Credit ratings: CARE A1+ and CRISIL A1+
- Market lot: 1 unit
- Trading only in dematerialized form
- Issuing and Paying Agent: ICICI Bank Ltd
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 INE511C14ZA4
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for the securities is 1 paise
- Members requiring clarification should contact BSE debt department
Important Dates
- Date of Allotment: November 10, 2025
- Listing Date: November 11, 2025
- Redemption Date: February 3, 2026
- Tenor: 85 days (approximately 3 months)
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to the BSE Debt segment. The listing provides Poonawalla Fincorp with working capital financing through the commercial paper route.
Investor Impact: Limited to institutional investors and high net worth individuals participating in the debt market, given the minimum trading denomination of Rs. 5 lakhs. The dual A1+ ratings from CARE and CRISIL indicate high credit quality and safety of principal.
Operational Impact: No operational changes for general market participants. Only relevant for debt market traders dealing with commercial paper instruments.
Impact Justification
Routine commercial paper listing with no market-wide impact, affects only specific debt instrument trading