Description
BSE announces listing of Rs. 25 crore commercial paper issued by Nuvama Wealth and Investment Limited with 16-day tenure.
Summary
BSE has listed new commercial paper worth Rs. 25 crores issued by Nuvama Wealth and Investment Limited on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 13, 2025.
Key Points
- Commercial paper of Rs. 5 lakh face value each, total 500 units
- Issue price: Rs. 4,98,546.50 per unit (discount to face value)
- Credit rating: CARE A1+ and CRISIL A1+ (highest short-term rating)
- Trading only in dematerialized form under ISIN INE523L14AH8
- Market lot size: 1 unit, tick size: 1 paise
- ICICI Bank Ltd acts 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
- Securities subject to standard BSE debt segment trading rules
Important Dates
- Allotment Date: August 12, 2025
- Listing Date: August 13, 2025
- Redemption Date: August 28, 2025
- Tenure: 16 days
Impact Assessment
Minimal market impact as this is a routine short-term commercial paper listing. The high credit ratings (A1+) indicate low default risk. Short 16-day tenure suggests this is for immediate working capital requirements of Nuvama Wealth and Investment Limited.
Impact Justification
Routine commercial paper listing with short 16-day tenure, minimal market impact