Description

BSE announces listing of 3000 Commercial Papers of Manappuram Finance Limited worth Rs. 5 lakhs each, issued on private placement basis with redemption date of 16 February 2026.

Summary

BSE has listed new Commercial Papers issued by Manappuram Finance Limited on private placement basis. The listing comprises 3000 securities of face value Rs. 5,00,000 each, totaling Rs. 150 crores. The securities are admitted to dealings on the BSE Debt segment with effect from 19 November 2025.

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. 4,91,337.50 per unit
  • Total Issue Size: Rs. 150 crores
  • Scrip Code: 730587
  • Scrip ID: MFL171125
  • ISIN: INE522D14OX5 (further listing under same ISIN)
  • Credit Rating: CARE A1+, CRISIL A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: AXIS BANK LTD

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE522D14OX5
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded on BSE Debt segment
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: 18 November 2025
  • Listing Date: 19 November 2025
  • Redemption Date: 16 February 2026
  • Tenure: 90 days (approximately 3 months)

Impact Assessment

Market Impact: Low - This is a routine commercial paper listing for short-term debt funding. The instrument has a short 90-day tenure and is rated A1+ by both CARE and CRISIL, indicating highest safety for short-term instruments.

Investor Impact: Limited to debt market participants and institutional investors who typically invest in commercial papers. The high credit rating suggests low credit risk for investors.

Company Impact: Provides short-term funding of Rs. 150 crores to Manappuram Finance Limited at an effective discount rate (issue price below face value), supporting their working capital requirements.

Impact Justification

Routine commercial paper listing for short-term debt instrument with standard terms, limited market-wide impact