Description
BSE announces listing of 3000 Commercial Papers of Rs. 5,00,000 each issued by Manappuram Finance Limited on private placement basis, effective November 13, 2025.
Summary
BSE has listed new Commercial Papers issued by Manappuram Finance Limited on private placement basis, effective November 13, 2025. The issuance consists of 3000 units with a face value of Rs. 5,00,000 each, rated CARE A1+ and CRISIL A1+. The securities will be traded exclusively in dematerialized form on the BSE Debt segment with AXIS Bank Limited serving as the Issuing and Paying Agent.
Key Points
- Issuer: Manappuram Finance Limited
- Security Type: Commercial Paper (Private Placement)
- Quantity: 3000 units
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,69,407.50 per unit
- Scrip Code: 730547
- Scrip ID: MFL121125
- ISIN: INE522D14OV9
- Credit Rating: CARE A1+, CRISIL A1+
- Market Lot: 1
- Tick Size: 1 paise
- Issuing and Paying Agent: AXIS Bank Limited
- Trading: Dematerialized form only in standard denomination of Rs. 5 Lakhs and multiples
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE522D14OV9
- Trading must be conducted in standard denomination of Rs. 5 Lakhs and multiples thereof
- All transactions subject to debt segment trading rules and regulations
Important Dates
- Notice Date: November 13, 2025
- Allotment Date: November 12, 2025
- Listing Date: November 13, 2025 (effective immediately)
- Redemption Date: September 21, 2026
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The commercial paper provides short-term financing for Manappuram Finance Limited with a tenor of approximately 10 months. The high credit ratings (A1+ from both CARE and CRISIL) indicate strong creditworthiness. Impact is limited to debt market participants and investors in commercial paper instruments. No effect on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing with no broader market implications; affects only specific debt instrument trading