Description

BSE announces listing of Rs. 500 crore Commercial Paper issued by Poonawalla Fincorp Limited with maturity date of March 13, 2026.

Summary

BSE has listed new Commercial Paper issued by Poonawalla Fincorp Limited on private placement basis with effect from December 15, 2025. The instrument consists of 10,000 units with a face value of Rs. 5,00,000 each, totaling Rs. 500 crore. The Commercial Paper carries dual credit ratings of CARE A1+ and CRISIL A1+, indicating highest safety for short-term instruments.

Key Points

  • Total issue size: Rs. 500 crore (10,000 units × Rs. 5 lakh each)
  • Issue price: Rs. 4,91,906 per unit (discount of Rs. 8,094 to face value)
  • Scrip Code: 730767, Scrip ID: PFL121225
  • ISIN: INE511C14ZD8
  • Market lot: 1 unit
  • Credit ratings: CARE A1+ and CRISIL A1+
  • Issuing and Paying Agent: ICICI Bank Ltd
  • Trading permitted only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE511C14ZD8
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples
  • Tick size of 1 paise must be maintained for price movements
  • Trading members requiring clarification should contact BSE debt department on specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: December 15, 2025
  • Date of Allotment: December 12, 2025
  • Listing Date: December 15, 2025
  • Redemption Date: March 13, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing with 3-month maturity. Commercial Paper is a standard corporate funding tool for working capital requirements.

Operational Impact: Limited to debt segment participants. The instrument provides institutional investors with a short-term investment option backed by strong credit ratings (A1+).

Issuer Benefit: Poonawalla Fincorp Limited has raised Rs. 500 crore at an implied annualized discount rate of approximately 6.6%, providing cost-effective short-term funding for business operations.

Impact Justification

Routine commercial paper listing with 3-month tenure. Standard debt instrument with no immediate market impact beyond providing short-term funding option.