Description
BSE lists new commercial paper worth Rs. 150 crores issued by Nuvama Wealth and Investment Limited on private placement basis.
Summary
BSE has listed new commercial paper securities issued by Nuvama Wealth and Investment Limited on private placement basis. The securities have a face value of Rs. 5 lakhs each with 3,000 units totaling Rs. 150 crores, maturing on October 27, 2025.
Key Points
- Face value: Rs. 5,00,000 per unit
- Total quantity: 3,000 units (Rs. 150 crores)
- Issue price: Rs. 4,90,822.50 per unit
- Scrip code: 729922, ISIN: INE523L14AE5
- Credit rating: CARE A1+, CRISIL A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes. Standard commercial paper listing process.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Ltd acts as issuing and paying agent
Important Dates
- Allotment date: July 28, 2025
- Listing date: July 29, 2025
- Redemption date: October 27, 2025
- Maturity period: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding for Nuvama Wealth and Investment Limited and offer investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact