Description
BSE announces listing of Rs. 25 crore Commercial Paper issued by Nuvama Wealth and Investment Limited with maturity on August 28, 2025.
Summary
BSE has listed new Commercial Paper securities of Nuvama Wealth and Investment Limited worth Rs. 25 crores issued on private placement basis. The securities will trade on BSE Debt segment with effect from August 13, 2025.
Key Points
- Issue size: 500 units of Rs. 5 lakh each (total Rs. 25 crores)
- Issue price: Rs. 4,98,546.50 per unit (face value Rs. 5,00,000)
- Credit rating: CARE A1+ and CRISIL A1+
- Scrip code: 730016 (NWIL120825)
- ISIN: INE523L14AH8
- Trading denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading permitted in standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment date: August 12, 2025
- Listing date: August 13, 2025
- Redemption date: August 28, 2025
- Maturity period: 16 days
Impact Assessment
Low market impact as this is a routine short-term commercial paper listing. The high credit ratings (A1+) indicate low default risk. Short 16-day maturity suggests money market instrument for temporary funding needs.
Impact Justification
Routine commercial paper listing with short 16-day maturity, limited market impact