Description
BSE announces listing of Rs. 100 crore Commercial Paper issued by Nuvama Wealth Finance Limited on private placement basis.
Summary
BSE has listed new Commercial Paper worth Rs. 100 crore issued by Nuvama Wealth Finance Limited on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from July 25, 2025. ICICI Bank Limited serves as the Issuing and Paying Agent.
Key Points
- Commercial Paper of Rs. 5,00,000/- each (2000 units totaling Rs. 100 crore)
- Scrip Code: 729902, Scrip ID: NWFL25725, ISIN: INE918K14CM8
- Credit Rating: CARE A1+ and CRISIL A1+
- Issue Price: Rs. 4,90,882.50 per unit (Face Value: Rs. 5,00,000)
- Trading only in dematerialized form with standard denomination of Rs. 5 lakhs
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading shall be in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities must be traded under the specified ISIN number
Important Dates
- Date of Allotment: July 25, 2025
- Trading Commencement: July 25, 2025
- Date of Redemption: October 24, 2025 (91-day tenure)
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The listing expands BSE’s debt segment offerings and provides additional short-term investment options for institutional investors. No impact on equity markets or broader trading operations.
Impact Justification
Routine listing announcement for commercial paper with no broader market implications