Description
BSE announces listing of two series of commercial papers issued by Infina Finance Private Limited totaling Rs. 200 crores with tenures of 91 and 116 days.
Summary
BSE has listed two series of Commercial Papers issued by Infina Finance Private Limited on private placement basis, effective November 17, 2025. The first series (IFPL-13-2-26-CP) consists of 2,000 units of Rs. 5 lakhs each with 91-day tenure, while the second series (IFPL-10-3-26-CP) consists of 2,000 units of Rs. 5 lakhs each with 116-day tenure. Both series carry CRISIL A1+ and ICRA A1+ ratings.
Key Points
- Two commercial paper series listed on BSE Debt segment effective November 17, 2025
- Series 1: 2,000 units, Face Value Rs. 5,00,000, Issue Price Rs. 4,91,604.50, ISIN INE879F14LW2, Scrip Code 730572
- Series 2: 2,000 units, Face Value Rs. 5,00,000, Issue Price Rs. 4,89,149.00, ISIN INE879F14LX0, Scrip Code 730573
- Both series allotted on November 14, 2025
- Kotak Mahindra Bank Limited acts as Issuing and Paying Agent
- Credit ratings: CRISIL A1+ and ICRA A1+ for both series
- Trading permitted only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must ensure trading occurs only in dematerialized form under specified ISIN numbers
- Trades must be executed in standard denomination of Rs. 5 lakhs and multiples thereof
- Market lot size is 1 unit
Important Dates
- Allotment Date: November 14, 2025
- Listing Date: November 17, 2025
- Redemption Date (Series 1 - IFPL-13-2-26-CP): February 13, 2026 (91 days)
- Redemption Date (Series 2 - IFPL-10-3-26-CP): March 10, 2026 (116 days)
Impact Assessment
This is a routine debt market listing with minimal market impact. The listing provides short-term debt instruments for institutional investors and adds liquidity to the commercial paper market. Total issue size is Rs. 200 crores (Rs. 100 crores per series). The high credit ratings (A1+ from both CRISIL and ICRA) indicate low credit risk. Impact is limited to debt market participants interested in short-term money market instruments.
Impact Justification
Routine commercial paper listing notification for debt market participants, no regulatory changes or compliance actions required