Description
BSE announces listing and admission to dealings of new commercial paper worth Rs. 200 crores issued by Poonawalla Fincorp Limited on private placement basis with effect from November 12, 2025.
Summary
BSE has listed and admitted to dealings new commercial paper issued by Poonawalla Fincorp Limited on the BSE Debt segment effective November 12, 2025. The company issued 4,000 units of commercial paper at Rs. 5,00,000 each on private placement basis, totaling Rs. 200 crores. The instruments carry CARE A1+ and CRISIL A1+ credit ratings and will mature on February 3, 2026. ICICI Bank Limited acts as the issuing and paying agent.
Key Points
- 4,000 units of commercial paper listed with face value of Rs. 5,00,000 each
- Total issue size: Rs. 200 crores (4,000 x Rs. 5,00,000)
- Issue price: Rs. 4,92,519 per unit (discount to face value)
- Market lot: 1 unit
- Scrip Code: 730531, Scrip ID: PFL101125
- ISIN: INE511C14ZA4 (further listing under same ISIN)
- Credit ratings: CARE A1+ and CRISIL A1+
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for commercial paper on private placement basis.
Compliance Requirements
- Trading members must trade the commercial paper only in dematerialized form under ISIN INE511C14ZA4
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Trading members should contact BSE debt department (22728352/8597/8995/5753/8915) for any clarifications
Important Dates
- Date of Allotment: November 11, 2025
- Listing Date: November 12, 2025
- Redemption Date: February 3, 2026
- Tenure: 84 days (approximately 3 months)
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing that affects only debt market participants. The instrument provides short-term debt investment opportunities for institutional investors.
Operational Impact: Trading members dealing in debt instruments need to update their systems with the new scrip code and ISIN details. The commercial paper will trade on the BSE Debt segment under standard trading parameters.
Investor Impact: The instrument is rated A1+ by both CARE and CRISIL, indicating high credit quality and adequate degree of safety for timely payment. Suitable for investors seeking short-term debt instruments with approximately 3-month maturity.
Impact Justification
Routine commercial paper listing notification for debt market participants. Standard short-term debt instrument with 84-day tenure. Limited impact beyond debt segment trading members.