Description

BSE lists two series of commercial paper issued by Manappuram Finance Limited on private placement basis with face value of Rs. 5 lakh each, maturing in December 2026 and March 2026.

Summary

BSE has listed two series of commercial paper issued by Manappuram Finance Limited on private placement basis, effective December 4, 2025. Series 1 consists of 5,500 units with redemption on December 3, 2026 (ISIN: INE522D14OZ0), and Series 2 consists of 7,500 units with redemption on March 2, 2026 (ISIN: INE522D14PB8). Both series have a face value of Rs. 5,00,000 each and are rated CARE A1+ and CRISIL A1+. Axis Bank acts as the Issuing and Paying Agent.

Key Points

  • Two new commercial paper series listed on BSE Debt segment
  • Series 1: 5,500 units, Issue Price Rs. 464,425, Redemption December 3, 2026 (Scrip Code: 730695)
  • Series 2: 7,500 units, Issue Price Rs. 491,727, Redemption March 2, 2026 (Scrip Code: 730696)
  • Face value: Rs. 5,00,000 per unit for both series
  • Credit Rating: CARE A1+ and CRISIL A1+ for both series
  • Date of allotment: December 3, 2025
  • Issuing and Paying Agent: Axis Bank
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members should contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Allotment Date: December 3, 2025
  • Listing Date: December 4, 2025
  • Series 1 Redemption: December 3, 2026
  • Series 2 Redemption: March 2, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides short-term debt investment opportunities for institutional investors in Manappuram Finance Limited’s commercial paper. The high credit ratings (A1+) indicate strong creditworthiness. Impact is limited to debt market participants and does not affect equity markets or broader market operations.

Impact Justification

Routine commercial paper listing with no regulatory changes or market-wide implications. Affects only debt market participants interested in short-term debt instruments of Manappuram Finance.