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    POONAWALLA — Poonawalla Fincorp News Story

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    India New Issue-Poonawalla Fincorp accepts bids for bond issue, bankers say

    Picture of Poonawalla Fincorp logoPoonawalla Fincorp
    10/09/2025 04:55
    MUMBAI, Sept 10 (Reuters) - India's Poonawalla Fincorp POON.NS accepted bids worth 10 billion rupees ($113.5 million) for bonds maturing in three years, two bankers said on Wednesday.

It will pay a coupon of 7.58% and had invited commitment bids for the issue on Tuesday, they said.

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

 Here is the list of deals reported so far on September 10:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Poonawalla Fincorp3 years7.5810September 9AAA (Crisil)
    

*Size includes base plus greenshoe for some issues

($1 = 88.0970 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)

 ((Dharamraj.dhutia@tr.com))

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