Description

BSE lists two series of Commercial Paper issued by Infina Finance Private Limited on private placement basis, with CRISIL A1+ and ICRA A1+ ratings, effective November 17, 2025.

Summary

BSE has listed two series of Commercial Paper (CP) issued by Infina Finance Private Limited on private placement basis, effective November 17, 2025. Both instruments carry dual credit ratings of CRISIL A1+ and ICRA A1+, with face value of Rs. 5,00,000 each. Kotak Mahindra Bank Limited serves as the Issuing and Paying Agent for both series.

Key Points

  • First CP Series (IFPL-13-2-26-CP):

    • ISIN: INE879F14LW2, Scrip Code: 730572
    • Quantity: 2,000 units of Rs. 5 lakh each (Total: Rs. 100 crore)
    • Issue Price: Rs. 491,604.50 per unit
    • Allotment Date: November 14, 2025
    • Redemption Date: February 13, 2026 (91 days tenure)

  • Second CP Series (IFPL-10-3-26-CP):

    • ISIN: INE879F14LX0, Scrip Code: 730573
    • Quantity: 2,000 units of Rs. 5 lakh each (Total: Rs. 100 crore)
    • Issue Price: Rs. 489,149.00 per unit
    • Allotment Date: November 14, 2025
    • Redemption Date: March 10, 2026 (116 days tenure)

  • Both instruments rated CRISIL A1+ and ICRA A1+ indicating highest safety for short-term debt

  • Trading only in dematerialized form

  • Standard denomination: Rs. 5 lakhs and multiples thereof

  • Tick size: 1 paise

  • Market lot: 1 unit

Regulatory Changes

No regulatory changes. This is a standard listing notification under existing BSE debt segment regulations for commercial paper issued on private placement basis.

Compliance Requirements

  • Trading Members: Must note that these securities trade exclusively in dematerialized form under specified ISIN numbers
  • Minimum Trading Denomination: Rs. 5 lakhs and multiples thereof must be maintained
  • Pricing: Tick size of 1 paise applies for price discovery
  • Queries: Contact BSE Debt Department at 22728352/8597/8995/5753/8915 for clarifications

Important Dates

  • Notice Date: November 17, 2025
  • Listing Effective Date: November 17, 2025
  • Allotment Date (Both Series): November 14, 2025
  • First CP Redemption: February 13, 2026
  • Second CP Redemption: March 10, 2026

Impact Assessment

Market Impact: Minimal. This is a routine debt listing with no impact on equity markets or broader market operations.

Investor Impact: Limited to institutional investors and qualified buyers participating in commercial paper markets. The dual A1+ ratings provide comfort on creditworthiness.

Operational Impact: Standard operational procedures apply for BSE Debt segment trading members. No system changes or special arrangements required.

Liquidity: Commercial papers are typically held to maturity by institutional investors, with limited secondary market trading expected.

Impact Justification

Routine listing notification for commercial paper issued by a private finance company. Limited market-wide impact as it pertains to debt securities available only to qualified institutional buyers.