Description
BSE announces listing of Rs. 50 crores Commercial Paper issued by Nuvama Wealth and Investment Limited with maturity on October 23, 2025.
Summary
BSE has listed new Commercial Paper securities issued by Nuvama Wealth and Investment Limited on private placement basis. The securities worth Rs. 50 crores (1000 units of Rs. 5 lakhs each) are now available for trading on the BSE Debt segment with effect from July 25, 2025.
Key Points
- Commercial Paper denomination: Rs. 5,00,000 per unit
- Total quantity: 1000 units (Rs. 50 crores total)
- Issue price: Rs. 4,90,822.50 per unit
- Scrip code: 729895
- ISIN: INE523L14AD7
- Credit rating: CARE A1+, CRISIL A1+
- Issuing and Paying Agent: ICICI Bank Ltd
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a routine listing announcement following standard procedures for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities to be traded under the specified ISIN number INE523L14AD7
Important Dates
- Date of allotment: July 24, 2025
- Trading commencement: July 25, 2025
- Date of redemption: October 23, 2025
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The commercial paper provides short-term funding for Nuvama Wealth and Investment Limited and offers investment opportunity for institutional investors in the debt segment. No significant operational changes required for market participants.
Impact Justification
Routine commercial paper listing with no regulatory changes or market-wide impact