Description
BSE announces listing of Rs. 55 crore Commercial Paper by Nuvama Wealth Finance Limited with 6-month maturity.
Summary
BSE has listed new Commercial Paper worth Rs. 55 crore issued by Nuvama Wealth Finance Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective July 30, 2025.
Key Points
- Commercial Paper of Rs. 5 lakh denomination each
- Total quantity: 1,100 units (Rs. 55 crore)
- Scrip Code: 729932, ISIN: INE918K14CN6
- Credit Rating: CARE A1+, CRISIL A1+
- Issue Price: Rs. 4,81,050.50 per unit
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities must be traded in standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Limited acts as Issuing and Paying agent
Important Dates
- Listing Date: July 30, 2025
- Allotment Date: July 29, 2025
- Redemption Date: January 27, 2026
- Maturity Period: 6 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing by a financial services company. The listing provides additional short-term debt instrument options for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide implications