Description
BSE lists multiple commercial paper issues from Poonawalla Fincorp, Navi Finserv, Infina Finance, and Tata Housing on the debt market segment effective January 19, 2026.
Summary
BSE has listed new commercial paper securities issued on a private placement basis by multiple companies on its debt market segment, effective January 19, 2026. The securities will trade in dematerialized form with a standard denomination of Rs. 5 lakhs and tick size of 1 paise.
Key Points
- Five commercial paper instruments listed from four companies: Poonawalla Fincorp Limited (2 issues), Navi Finserv Limited (2 issues), and Infina Finance Private Limited (1 issue)
- All securities trade only in dematerialized form under specified ISIN numbers
- Standard trading denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Interest rates range from 7.10% to 9.85% per annum
- Tenures range from 3 months to 6 months
- Contact: BSE Debt Department at 22728352/8597/8995/5753/8915 for clarifications
Regulatory Changes
No regulatory changes. This is a routine listing notification.
Compliance Requirements
- Trading members must note the securities will trade only in dematerialized form
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples
- Trading members should use the specified scrip codes and ISIN numbers for transactions
Important Dates
- Effective Date: January 19, 2026
- Allotment Date (all issues): January 16, 2026
- Redemption Dates:
- April 16-17, 2026 (Poonawalla Fincorp PFL-17-4-26-CP, Navi Finserv NFL-16-4-26-CP, Infina Finance IFPL-17-4-26-CP)
- June 11, 2026 (Poonawalla Fincorp PFL-11-6-26-CP)
- July 16, 2026 (Navi Finserv NFL-16-7-26-CP)
Impact Assessment
Market Impact: Minimal. This is a routine listing of debt securities on the debt segment.
Trading Impact: Limited to debt market participants. These commercial papers provide short-term investment options for institutional investors.
Operational Impact: Trading members dealing in debt securities need to update their systems with new scrip codes and ISIN numbers.
Detailed Security Information
Poonawalla Fincorp Limited
PFL-17-4-26-CP (Scrip Code: 730930)
- ISIN: INE511C14ZG1
- Quantity: 1,000 units
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,91,303.50
- Interest Rate: 7.10% p.a. (cumulative)
- Redemption: April 17, 2026
- Credit Rating: CARE A1+, CRISIL A1+
- Paying Agent: ICICI Bank Ltd
PFL-11-6-26-CP (Scrip Code: 730931)
- ISIN: INE511C14ZF3
- Quantity: 3,000 units
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,85,890.00
- Interest Rate: 7.26% p.a. (cumulative)
- Redemption: June 11, 2026
- Credit Rating: CARE A1+, CRISIL A1+
- Paying Agent: ICICI Bank Ltd
Navi Finserv Limited
NFL-16-7-26-CP (Scrip Code: 730927)
- ISIN: INE342T14FK9
- Quantity: 200 units
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,76,715.00
- Interest Rate: 9.85% p.a. (cumulative)
- Redemption: July 16, 2026
- Credit Rating: CARE A1
- Paying Agent: HDFC Bank Limited
NFL-16-4-26-CP (Scrip Code: 730928)
- ISIN: INE342T14FL7
- Quantity: 200 units
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,88,555.50
- Interest Rate: 9.50% p.a. (cumulative)
- Redemption: April 16, 2026
- Credit Rating: CARE A1
- Paying Agent: HDFC Bank Limited
Infina Finance Private Limited
- IFPL-17-4-26-CP (Scrip Code: 730929)
- ISIN: INE879F14MI9
- Quantity: 500 units
- Face Value: Rs. 5,00,000
- Issue Price: Rs. 4,90,966.50
- Interest Rate: 7.38% p.a. (cumulative)
- Redemption: April 17, 2026
- Credit Rating: CRISIL A1+, ICRA A1+
- Paying Agent: Kotak Mahindra Bank Limited
Impact Justification
Routine listing of debt securities with limited impact on equity markets. Affects only debt segment trading members and specific commercial paper investors.