Description
BSE announces listing of new debt securities worth ₹1,600 crore by Nuvama Wealth Finance Limited on private placement basis.
Summary
BSE has listed new debt securities of Nuvama Wealth Finance Limited worth ₹1,600 crore issued on private placement basis. The securities carry 9% annual interest rate and mature on June 11, 2027.
Key Points
- Quantity: 16,000 securities
- Face Value: ₹1,00,000 per security
- Interest Rate: 9% per annum (paid annually)
- Credit Rating: CARE AA/Stable
- ISIN: INE918K07PY9
- Scrip Code: 977024
- Date of Allotment: August 12, 2025
- Maturity Date: June 11, 2027
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities will trade only in dematerialized form
- Tick size is 1 paise
- Trading members can refer to Placement Memorandum on BSE website for detailed information
- Contact debt department for clarifications at specified phone numbers
Important Dates
- August 12, 2025: Date of allotment
- August 13, 2025: Trading commences on BSE Debt segment
- June 11, 2027: Redemption date
Impact Assessment
Minimal market impact as this is a routine private placement listing. The securities add to the debt market depth but have no immediate effect on broader market operations or trading activities.
Impact Justification
Routine debt securities listing with no market-wide impact