Description

BSE announces listing of three new Commercial Paper securities issued by Manappuram Finance Limited on private placement basis totaling Rs. 575 Crores, effective November 18, 2025.

Summary

BSE has listed three new Commercial Paper securities issued by Manappuram Finance Limited on private placement basis, effective November 18, 2025. The total issuance comprises 11,500 units with an aggregate value of Rs. 575 Crores. All securities are rated CARE A1+ and CRISIL A1+, with AXIS BANK LIMITED serving as the Issuing and Paying Agent. The instruments will trade in dematerialized form only with a standard denomination of Rs. 5 Lakhs.

Key Points

  • Three Commercial Paper instruments listed on BSE Debt segment
  • Total quantity: 11,500 units (8,000 + 2,000 + 1,500)
  • Face value: Rs. 5,00,000/- per unit for all securities
  • Allotment date: November 17, 2025
  • Redemption dates: February 16, 2026; September 21, 2026; September 16, 2026
  • Credit ratings: CARE A1+ and CRISIL A1+
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 Lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: AXIS BANK LIMITED

Securities Details

Security 1:

  • Scrip Code: 730587 | Scrip ID: MFL171125
  • ISIN: INE522D14OX5
  • Quantity: 8,000 units
  • Issue Price: Rs. 491,243.00/-
  • Redemption: February 16, 2026

Security 2:

  • Scrip Code: 730547 | Scrip ID: MFL121125
  • ISIN: INE522D14OV9
  • Quantity: 2,000 units
  • Issue Price: Rs. 469,866.50/-
  • Redemption: September 21, 2026

Security 3:

  • Scrip Code: 730478 | Scrip ID: MFL311025
  • ISIN: INE522D14OT3 (Further listing under same ISIN)
  • Quantity: 1,500 units
  • Issue Price: Rs. 470,327.00/-
  • Redemption: September 16, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading must be conducted in standard denomination of Rs. 5 Lakhs and multiples thereof
  • All trades must comply with the specified tick size of 1 paise
  • Trading members requiring clarification should contact BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: November 18, 2025
  • Allotment Date: November 17, 2025
  • Redemption Dates:
    • Security 1 (ISIN INE522D14OX5): February 16, 2026
    • Security 2 (ISIN INE522D14OV9): September 21, 2026
    • Security 3 (ISIN INE522D14OT3): September 16, 2026

Impact Assessment

Market Impact: Minimal. This is a routine listing of short-term debt instruments (Commercial Paper) with maturity periods ranging from 3 to 10 months.

Operational Impact: Limited to BSE Debt segment trading members and institutional investors participating in the Commercial Paper market. Retail investors are unlikely to be affected due to the high denomination requirement (Rs. 5 Lakhs minimum).

Issuer Profile: Manappuram Finance Limited is an established NBFC, and these highly-rated (A1+) Commercial Papers represent standard short-term funding instruments for the company’s operational requirements.

Impact Justification

Routine debt instrument listing notification for Commercial Paper. Affects only debt segment trading members and investors in short-term debt instruments.