Description

BSE announces listing of 4,500 commercial papers of Muthoot Fincorp Limited worth Rs. 5 lakhs each, issued on private placement basis with CRISIL A1+ rating.

Summary

BSE has listed new commercial papers issued by Muthoot Fincorp Limited on private placement basis in the debt segment effective December 4, 2025. The listing comprises 4,500 commercial papers with a face value of Rs. 5,00,000 each, carrying a CRISIL A1+ credit rating. The instruments are issued at a discount to face value with a one-year maturity period.

Key Points

  • Instrument Type: Commercial Paper issued on private placement basis
  • Quantity: 4,500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,59,871.50 per unit (discount of Rs. 40,128.50)
  • Market Lot: 1 unit
  • Credit Rating: CRISIL A1+
  • Scrip Code: 730701
  • Scrip ID: MFL031225B
  • Detail Name: MFL-2-12-26-CP
  • ISIN: INE549K14CG3
  • Issuing and Paying Agent: IndusInd Bank Ltd
  • Trading Mode: Dematerialized form only
  • Trading Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE549K14CG3
  • Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be observed for price movements
  • Trading members requiring clarifications should contact the debt department at the specified telephone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: December 4, 2025
  • Allotment Date: December 3, 2025
  • Listing Date: December 4, 2025 (effective from today)
  • Redemption Date: December 2, 2026
  • Tenure: Approximately 364 days

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing in the debt segment with no impact on equity markets or broader trading operations.

Investor Impact: Low. Relevant only to institutional and high-net-worth investors in short-term debt instruments who participate in commercial paper markets.

Operational Impact: None for equity traders. Debt segment participants can now trade these instruments through the BSE debt platform with IndusInd Bank serving as the issuing and paying agent.

Liquidity Consideration: The discount-based issuance (approximately 8% annualized return based on issue price vs face value) reflects market rates for A1+ rated short-term paper, providing investors with a secure short-term investment option backed by Muthoot Fincorp’s creditworthiness.

Impact Justification

Routine commercial paper listing with no market-wide impact, relevant only to debt segment participants and investors in Muthoot Fincorp's short-term instruments.