Description
BSE lists new commercial paper securities of Nuvama Wealth Finance Limited worth Rs. 100 crores with November 2025 redemption date.
Summary
BSE has listed new commercial paper securities of Nuvama Wealth Finance Limited issued on private placement basis. The securities are worth Rs. 5 lakhs each with 2000 units totaling Rs. 100 crores, carrying CARE A1+ and CRISIL A1+ ratings.
Key Points
- Commercial paper of Rs. 5,00,000 face value each
- Total quantity: 2000 units (Rs. 100 crores total)
- Issue price: Rs. 4,90,328 per unit
- Scrip code: 729395, ISIN: INE918K14CI6
- Credit ratings: CARE A1+ and CRISIL A1+
- Trading in dematerialized form only
- ICICI Bank Limited as issuing and paying agent
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
- Tick size is 1 paise
Important Dates
- Allotment date: August 7, 2025
- Listing effective date: August 8, 2025
- Redemption date: November 11, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding option for Nuvama Wealth Finance Limited with high credit ratings ensuring investor confidence.
Impact Justification
Routine commercial paper listing with no significant market impact