Get startedLog in
    Picture of Poonawalla Fincorp logo

    POONAWALLA — Poonawalla Fincorp News Story

    0.000.00%
    in flag iconLast trade - 00:00
    FinancialsAdventurousLarge CapMomentum Trap
    All News

    India New Issue- Poonawalla Fincorp accepts bids for 2-year bonds, bankers say

    Picture of Poonawalla Fincorp logoPoonawalla Fincorp
    08/05/2026 11:53
    MUMBAI, May 8 (Reuters) - India's Poonawalla Fincorp POON.NS has accepted bids worth 10 billion rupees ($105.84 million) in a sale of bonds maturing in two years, three bankers said on Friday.

It will pay a coupon of 8.25%, and had invited commitment bids for the issue earlier in the day, they said.

The company did not immediately respond to a Reuters email seeking comment.

 Here is the list of deals reported so far on May 8:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Poonawalla Fincorp2 years8.2510May 8AAA(Crisil,Care)
    

*Size includes base plus greenshoe for some issues

($1 = 94.4800 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

 ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))

    Recent news on Poonawalla Fincorp

    See all news