Description

BSE announces listing of Rs. 150 crore commercial paper issued by Nexus Select Trust on private placement basis.

Summary

BSE has listed new commercial paper worth Rs. 150 crores issued by Nexus Select Trust on private placement basis. The securities will trade on BSE Debt segment with scrip code 730005 and ISIN INE0NDH14080.

Key Points

  • Commercial paper of Rs. 5,00,000 face value each (3000 units)
  • Issue price: Rs. 4,92,842.50 per unit
  • Credit rating: IND A1+
  • Allotment date: August 11, 2025
  • Redemption date: November 10, 2025
  • ICICI Bank Limited acts as Issuing and Paying agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size of 1 paise applicable
  • Market lot size: 1 unit

Important Dates

  • Listing Date: August 12, 2025
  • Allotment Date: August 11, 2025
  • Redemption Date: November 10, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The short-term nature (3-month tenure) and private placement basis limit broader market implications. Trading will be restricted to institutional participants given the high denomination requirement.

Impact Justification

Routine listing of commercial paper with standard terms and limited market impact