Description
Fresh listing of Commercial Papers from multiple companies including Poonawalla Fincorp, Navi Finserv, Infina Finance, and Tata Housing on BSE Debt Segment effective January 19, 2026.
Summary
BSE has listed new Commercial Papers issued on private placement basis by multiple companies on the Debt Segment effective January 19, 2026. The securities will trade in dematerialized form with a standard denomination of Rs. 5 lakhs and multiples thereof. Five Commercial Papers from four companies have been listed with varying maturity periods ranging from April to July 2026.
Key Points
- Fresh listing of 5 Commercial Papers from Poonawalla Fincorp Limited (2), Navi Finserv Limited (2), Infina Finance Private Limited (1), and Tata Housing Development Company Limited
- All securities will trade only in dematerialized form under specified ISIN numbers
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit
- Interest rates range from 7.10% to 9.85% per annum
- All Commercial Papers follow cumulative interest payment structure
Detailed Listings
Poonawalla Fincorp Limited
Issue 1 (PFL-17-4-26-CP)
- ISIN: INE511C14ZG1, Scrip Code: 730930
- Quantity: 1,000 units of Rs. 5 lakh each
- Issue Price: Rs. 491,303.50
- Interest Rate: 7.10% p.a.
- Allotment Date: January 16, 2026
- Redemption Date: April 17, 2026
- Credit Rating: CARE A1+, CRISIL A1+
- Issuing Agent: ICICI Bank Ltd
Issue 2 (PFL-11-6-26-CP)
- ISIN: INE511C14ZF3, Scrip Code: 730931
- Quantity: 3,000 units of Rs. 5 lakh each
- Issue Price: Rs. 485,890.00
- Interest Rate: 7.26% p.a.
- Allotment Date: January 16, 2026
- Redemption Date: June 11, 2026
- Credit Rating: CARE A1+, CRISIL A1+
- Issuing Agent: ICICI Bank Ltd
Navi Finserv Limited
Issue 1 (NFL-16-7-26-CP)
- ISIN: INE342T14FK9, Scrip Code: 730927
- Quantity: 200 units of Rs. 5 lakh each
- Issue Price: Rs. 476,715.00
- Interest Rate: 9.85% p.a.
- Allotment Date: January 16, 2026
- Redemption Date: July 16, 2026
- Credit Rating: CARE A1
- Issuing Agent: HDFC Bank Limited
Issue 2 (NFL-16-4-26-CP)
- ISIN: INE342T14FL7, Scrip Code: 730928
- Quantity: 200 units of Rs. 5 lakh each
- Issue Price: Rs. 488,555.50
- Interest Rate: 9.50% p.a.
- Allotment Date: January 16, 2026
- Redemption Date: April 16, 2026
- Credit Rating: CARE A1
- Issuing Agent: HDFC Bank Limited
Infina Finance Private Limited
Issue (IFPL-17-4-26-CP)
- ISIN: INE879F14MI9, Scrip Code: 730929
- Quantity: 500 units of Rs. 5 lakh each
- Issue Price: Rs. 490,966.50
- Interest Rate: 7.38% p.a.
- Allotment Date: January 16, 2026
- Redemption Date: April 17, 2026
- Credit Rating: CRISIL A1+, ICRA A1+
- Issuing Agent: Kotak Mahindra Bank Limited
Trading Parameters
- Trading form: Dematerialized only
- Standard denomination: Rs. 5,00,000 (Rs. 5 lakhs) and multiples
- Market lot size: 1 unit
- Tick size: Re. 0.01 (1 paise)
- Face value per unit: Rs. 5,00,000
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.
Compliance Requirements
- Trading members must ensure all transactions in these Commercial Papers are conducted in dematerialized form only
- Trades must be executed in standard denomination of Rs. 5 lakhs and multiples
- Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: January 16, 2026 (all issues)
- Listing Date: January 19, 2026 (effective date)
- Redemption Dates:
- April 16, 2026 (Navi Finserv NFL-16-4-26-CP)
- April 17, 2026 (Poonawalla Fincorp PFL-17-4-26-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: Low. This is a routine administrative notification regarding fresh listings of privately placed Commercial Papers. The listing provides additional short-term debt instruments for institutional investors and treasury operations.
Operational Impact: Minimal. Trading members dealing in debt securities need to update their systems with new scrip codes and ISIN numbers. Standard trading parameters apply.
Investor Impact: Limited to institutional investors and high-net-worth individuals who participate in debt market trading with minimum investment of Rs. 5 lakhs per unit. The Commercial Papers offer short-term investment options (3-6 months maturity) with interest rates between 7.10% to 9.85% depending on issuer credit rating.
Contact: BSE Debt Department - 022-22728352/8597/8995/5753/8915
Impact Justification
Routine listing of privately placed commercial papers on debt segment with standard trading parameters; primarily affects debt market participants and institutional investors.