Description

BSE announces listing of new debt securities worth Rs. 500 crore issued by Manappuram Finance Limited on private placement basis, with 8% annual interest rate and maturity date of December 15, 2027.

Summary

BSE has listed new debt securities issued by Manappuram Finance Limited on a private placement basis, effective December 17, 2025. The securities consist of 50,000 units with a face value of Rs. 1,00,000 each, totaling Rs. 500 crore. The securities carry an 8% annual interest rate and will mature on December 15, 2027. Trading will occur exclusively in dematerialized form on the BSE Debt segment.

Key Points

  • Issuer: Manappuram Finance Limited
  • Quantity: 50,000 units
  • Face Value: Rs. 1,00,000 per unit
  • Total Issue Size: Rs. 500 crore
  • Scrip Code: 977377
  • Scrip ID: 8MPFL27
  • ISIN: INE522D07CI5
  • Credit Rating: CRISIL AA/Stable
  • Interest Rate: 8% per annum
  • Date of Allotment: December 15, 2025
  • Interest Payment: Annually on December 15 (2026, 2027)
  • Maturity Date: December 15, 2027
  • Market Lot: 1
  • Tick Size: 1 paise
  • Put/Call Option: Not applicable

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE522D07CI5
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 15, 2025
  • Listing Date: December 17, 2025
  • First Interest Payment: December 15, 2026
  • Final Interest Payment & Redemption: December 15, 2027

Impact Assessment

This is a routine debt security listing with minimal market-wide impact. The listing provides Manappuram Finance Limited with capital through private placement and offers debt market investors an AA-rated fixed-income investment option. The 8% annual interest rate reflects current market conditions for similar-rated securities. Impact is primarily limited to debt market participants, institutional investors, and existing stakeholders of Manappuram Finance Limited. The securities will enhance liquidity options in the BSE Debt segment for investors seeking exposure to NBFC debt instruments.

Impact Justification

Routine debt security listing with limited market-wide impact, relevant primarily to debt market participants and investors in Manappuram Finance securities