Description
BSE announces listing of ₹55 crore Commercial Paper issued by Nuvama Wealth Finance Limited with maturity date of January 27, 2026.
Summary
BSE announces the listing of Commercial Paper worth ₹55 crore issued by Nuvama Wealth Finance Limited on private placement basis, effective July 30, 2025. The securities will trade in dematerialized form with a face value of ₹5 lakh each.
Key Points
- Commercial Paper quantity: 1,100 units of ₹5,00,000 each
- Total issue size: ₹55 crore
- Issue price: ₹4,81,050.50 per unit
- Scrip Code: 729932 (NWFL290725)
- ISIN: INE918K14CN6
- Credit Rating: CARE A1+, CRISIL A1+
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of ₹5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot size: 1 unit
Important Dates
- Allotment Date: July 29, 2025
- Trading Commencement: July 30, 2025
- Redemption Date: January 27, 2026
Impact Assessment
Routine debt instrument listing with minimal market impact. Provides additional short-term financing option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide implications