Description
BSE announces listing and admission to trading of Commercial Paper worth Rs. 500 crore issued by Poonawalla Fincorp Limited on private placement basis, effective December 15, 2025.
Summary
BSE has listed new Commercial Paper issued by Poonawalla Fincorp Limited on private placement basis with effect from December 15, 2025. The issuance consists of 10,000 securities with a face value of Rs. 5,00,000 each, totaling Rs. 500 crore. The Commercial Paper carries CARE A1+ and CRISIL A1+ credit ratings and will mature on March 13, 2026. ICICI Bank Ltd serves as the Issuing and Paying Agent.
Key Points
- Total issuance: 10,000 Commercial Papers worth Rs. 500 crore aggregate value
- Face Value: Rs. 5,00,000 per security
- Issue Price: Rs. 4,91,906 per security
- Scrip Code: 730767, Scrip ID: PFL121225
- ISIN Number: INE511C14ZD8
- Credit Rating: CARE A1+ and CRISIL A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market Lot: 1 security
- Issuing and Paying Agent: ICICI Bank Ltd
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 INE511C14ZD8
- Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
- Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: December 12, 2025
- Listing Date: December 15, 2025
- Redemption Date: March 13, 2026
- Notice Date: December 15, 2025
Impact Assessment
Market Impact: Low - This is a routine Commercial Paper listing in the debt segment. The instrument has a short tenor of approximately 3 months and is rated A1+ by both CARE and CRISIL, indicating highest safety for short-term debt.
Operational Impact: Limited to debt segment participants and institutional investors dealing in Commercial Paper. The instrument provides a short-term investment avenue with high credit quality.
Issuer Impact: Provides Poonawalla Fincorp Limited with short-term funding of Rs. 500 crore at a discount rate (issue price Rs. 4,91,906 against face value Rs. 5,00,000), supporting working capital requirements.
Impact Justification
Routine debt instrument listing notification for Commercial Paper issuance; standard market operation with limited market-wide impact, relevant primarily to debt segment participants and the issuing company.