Description
BSE lists new Commercial Paper securities of Nuvama Wealth and Investment Limited worth Rs. 25 crores and Rs. 150 crores on private placement basis.
Summary
BSE has listed new Commercial Paper securities of Nuvama Wealth and Investment Limited on its Debt segment. Two tranches totaling Rs. 175 crores have been admitted for trading - one for Rs. 25 crores maturing on August 14, 2025, and another for Rs. 150 crores maturing on December 15, 2025.
Key Points
- Two Commercial Paper issues listed on BSE Debt segment
- First tranche: 500 units of Rs. 5 lakh each (Rs. 25 crores total)
- Second tranche: 3,000 units of Rs. 5 lakh each (Rs. 150 crores total)
- Both rated CARE A1+ and CRISIL A1+
- ICICI Bank Ltd serves as Issuing and Paying Agent
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size set at 1 paise
- Securities will trade under specified ISIN numbers
Important Dates
- First Issue Allotment Date: July 29, 2025
- First Issue Redemption Date: August 14, 2025
- Second Issue Allotment Date: July 30, 2025
- Second Issue Redemption Date: December 15, 2025
- Trading Commencement: July 30, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The Commercial Papers provide short-term funding options for Nuvama Wealth and Investment Limited and additional investment opportunities for institutional investors in the debt segment.
Impact Justification
Routine debt instrument listing with no significant market impact