Description
BSE announces listing of new commercial paper securities by Nuvama Wealth and Investment Limited worth Rs. 5 lakhs each with different maturity dates.
Summary
BSE has listed new commercial paper securities issued by Nuvama Wealth and Investment Limited on private placement basis. Two series of commercial papers with face value of Rs. 5 lakhs each have been admitted for trading on the BSE Debt segment with effect from July 30, 2025.
Key Points
- Two series of commercial papers listed: 500 units (NWIL29725) and 3000 units (NWIL160625)
- Face value: Rs. 5,00,000 per unit for both series
- Credit ratings: CARE A1+ and CRISIL A1+ for both instruments
- ICICI Bank Ltd acts as Issuing and Paying agent
- Trading only in dematerialized form with standard denomination of Rs. 5 lakhs
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded under specified ISIN numbers
Important Dates
- Series 1 (NWIL29725): Allotment 29/07/2025, Redemption 14/08/2025
- Series 2 (NWIL160625): Allotment 30/07/2025, Redemption 15/12/2025
- Trading effective from July 30, 2025
Impact Assessment
Minimal market impact as this is a routine listing of commercial paper securities. The listing provides additional short-term debt instruments for institutional investors and enhances liquidity in the debt segment.
Impact Justification
Routine commercial paper listing with limited market impact