India New Issue-Poonawalla Fincorp to issue 10-year bonds, bankers say

Poonawalla Fincorp

03/02/2026 06:52

MUMBAI, Feb 3 (Reuters) - India's Poonawalla Fincorp POON.NS plans to raise 5 billion rupees ($55.33 million) through the sale of bonds maturing in 10 years, three bankers said on Tuesday.

It has invited coupon and commitment bids for the issue on Wednesday, they said.

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

Here is the list of deals reported so far on February 3:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Poonawalla Fincrop
10 years
To be decided
5
February 4
AAA(Crisil,Care)
Nabkisan Finance tier II subordinated bonds
10 years
To be decided
2+3
February 5
AAA(Care,Crisil)

*Size includes base plus greenshoe for some issues

($1 = 90.3700 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Nivedita Bhattacharjee)

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