Description

BSE lists new commercial paper issued by Nexus Select Trust worth Rs. 150 crores with 3-month maturity and IND A1+ rating.

Summary

BSE has listed new commercial paper issued by Nexus Select Trust worth Rs. 150 crores (3,000 units of Rs. 5 lakhs each) on private placement basis. The paper carries IND A1+ credit rating and matures in 3 months.

Key Points

  • Commercial paper of Rs. 5,00,000 face value each
  • Total issue size: 3,000 units (Rs. 150 crores)
  • Issue price: Rs. 4,92,842.50 per unit (discount to face value)
  • Credit rating: IND A1+
  • ICICI Bank Limited serves as issuing and paying agent
  • Trading only in dematerialized form

Important Dates

  • Allotment Date: August 11, 2025
  • Listing Date: August 12, 2025
  • Redemption Date: November 10, 2025
  • Maturity Period: 3 months

Trading Details

  • Scrip Code: 730005
  • Scrip ID: NST110825
  • ISIN: INE0NDH14080
  • Market Lot: 1 unit
  • Trading Denomination: Rs. 5 lakhs and multiples
  • Tick Size: 1 paise
  • Segment: BSE Debt

Impact Assessment

Routine debt instrument listing with no significant market impact. Provides short-term funding option for Nexus Select Trust and investment opportunity for institutional investors in highly-rated commercial paper.

Impact Justification

Routine commercial paper listing with standard terms and no broader market implications