Description
BSE announces listing of Rs. 55 crore Commercial Paper issued by Nuvama Wealth Finance Limited with maturity date January 27, 2026.
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 to dealings on BSE Debt segment effective July 30, 2025.
Key Points
- 1,100 Commercial Papers of Rs. 5 lakh each listed
- Issue price: Rs. 4,81,050.50 per unit (face value Rs. 5 lakh)
- Credit rating: CARE A1+ and CRISIL A1+
- Scrip Code: 729932, ISIN: INE918K14CN6
- ICICI Bank Limited acts as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities to be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit
Important Dates
- Allotment Date: July 29, 2025
- Listing Date: July 30, 2025
- Redemption Date: January 27, 2026
Impact Assessment
Routine debt market listing with minimal impact on overall market operations. Provides additional short-term debt instrument for institutional investors with high credit rating.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact