Description
BSE announces listing of Rs. 25 crore Commercial Paper by Nuvama Wealth and Investment Limited maturing on August 28, 2025.
Summary
BSE has listed new Commercial Paper securities of Nuvama Wealth and Investment Limited worth Rs. 25 crore (500 securities of Rs. 5 lakh each) on its Debt segment. The securities were issued on private placement basis and are admitted for trading from August 13, 2025.
Key Points
- 500 Commercial Paper securities of Rs. 5,00,000 each listed on BSE Debt segment
- Issue price: Rs. 4,98,546.50 per security (discount to face value)
- Credit rating: CARE A1+ and CRISIL A1+ (highest short-term rating)
- ISIN: INE523L14AH8, Scrip Code: 730016
- ICICI Bank Ltd acts as Issuing and Paying Agent
- Trading only in dematerialized form with minimum lot size of Rs. 5 lakhs
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- Securities must be traded under specified ISIN number
Important Dates
- Allotment Date: August 12, 2025
- Listing Date: August 13, 2025
- Redemption Date: August 28, 2025
- Maturity Period: 16 days
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The high credit ratings (A1+) indicate low credit risk. The short 16-day maturity suggests this is for immediate working capital requirements of Nuvama Wealth and Investment Limited.
Impact Justification
Routine commercial paper listing with short 16-day maturity period