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4 firms to list commercial papers on BSE for Rs 9,400 crore issue size

Steel Authority of India Ltd, Kotak Mahindra Prime Ltd, Manappuram Finance Ltd and JM Financial Products Ltd are the firms

BSE, Bombay stock exchange
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Press Trust of India New Delhi
Leading stock exchange BSE on Wednesday said four companies, including state-owned SAIL and Manappuram Finance, have filed applications with the bourse to list their commercial papers (CPs) for a total issue size of Rs 9,400 crore.

Steel Authority of India Ltd, Kotak Mahindra Prime Ltd, Manappuram Finance Ltd and JM Financial Products Ltd are the firms that have made applications with the exchange for issue size of Rs 5,200 crore, Rs 4,050 crore, Rs 100 crore and Rs 50 crore, respectively, BSE said in a release.

After the process, the effective date of listing CPs with the exchange will be January 9,