Poonawalla Fincorp Raises Rs 1005 Crore Through NCDs

Mumbai, 15 July 2025: Poonawalla Fincorp Limited (NSE: POONAWALLA, BSE: 524000) has  raised ₹1,005 crore through the allotment of non-convertible debentures (NCDs) via private placement.

Full Subscription of ₹1,005 Crore NCD Issue 

In a well-received offering, Poonawalla Fincorp allotted 1,00,500 secured, redeemable, rated, and listed NCDs, each carrying a face value of ₹1 lakh. The issue consisted of a base size of ₹750 crore and a green shoe option of ₹255 crore, both of which were fully subscribed under Series D1 FY2025-26.

The allotment was completed on 15 July 2025, with the NCDs set to mature on 24 September 2027, marking a tenure of 2 years and 71 days.

NCD Terms Offer Stable Returns with Added Security

The debentures carry a coupon rate of 7.5285% per annum and are secured by a first-ranking pari passu charge on hypothecated properties. They will be listed on the BSE’s Debt Market Segment, providing investors with liquidity.

In case of any delay or default in payment exceeding three months, an additional 2% coupon penalty over the applicable rate will be charged until the issue is resolved to the satisfaction of the Debenture Trustee.

Terms of Issue 

These NCDs offer a fixed coupon rate of 7.5285% per annum and are backed by a first-ranking pari passu charge on hypothecated properties. They are listed on the BSE’s Debt Market Segment, enabling market liquidity for investors.

In case of any payment delay or default exceeding three months, an additional 2% coupon penalty will be levied over the applicable rate until the issue is fully resolved to the satisfaction of the Debenture Trustee.

Key terms include:

• Face value per NCD: ₹1,00,000
• Coupon rate: 7.5285% per annum
• Security: First-ranking pari passu charge on hypothecated properties
• Listing: BSE (Debt Market Segment)
• Penalty for default: Additional 2% coupon rate after 3 months of delay

Regulatory Filing in Line with SEBI Norms

The company made this disclosure under Regulation 30 and 51 along with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring complete transparency and regulatory compliance.

About Poonawalla Fincorp: A Trusted NBFC in India’s Lending Space

Poonawalla Fincorp Limited, part of the Cyrus Poonawalla Group, is a leading non-banking financial company (NBFC) listed on both the NSE and BSE. The company offers a wide range of financial products, including personal loans, business loans, and professional loans, serving both individuals and enterprises across India.

REF:https://nsearchives.nseindia.com/corporate/POONAWALLA_15072025135812_PFLIntimationAllotmentofNCDs15072025_Signed.pdf

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