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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
    23/12/2025 10:43
    MUMBAI, Dec 23 (Reuters) - India's Poonawalla Fincorp POON.NS has accepted bids worth 5.07 billion Indian rupees ($56.57 million) for bonds maturing in two years and three months, two bankers said on Tuesday.

The company will pay a coupon of 7.6841% to the investors of this issue and had invited bids earlier in the day.

  Here is the list of deals reported so far on December 23:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Poonawalla Fincorp2 year and 3 months7.68415.07December 23AAA (Crisil)
    Bank of India10 years7.23100December 23AA+ (Crisil, Care)
    

*Size includes base plus greenshoe for some issues

($1 = 89.6170 Indian rupees)

 (Reporting by Dharamraj Dhutia)

 ((Dharamraj.dhutia@tr.com))

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