Description
BSE announces listing of Rs. 100 crore Commercial Paper by Nuvama Wealth and Investment Limited with 15-day maturity period.
Summary
BSE has listed new Commercial Paper worth Rs. 100 crore issued by Nuvama Wealth and Investment Limited on private placement basis. The instrument carries face value of Rs. 5 lakh per unit with 2,000 units issued, maturing in 15 days.
Key Points
- Face Value: Rs. 5,00,000 per unit
- Total Issue Size: Rs. 100 crore (2,000 units)
- Issue Price: Rs. 4,98,596.50 per unit
- Credit Rating: CARE A1+, CRISIL A1+
- Scrip Code: 730016
- ISIN: INE523L14AH8
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment Date: August 13, 2025
- Listing Date: August 14, 2025
- Redemption Date: August 28, 2025
- Maturity Period: 15 days
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides short-term funding avenue for Nuvama Wealth and Investment Limited with high credit ratings indicating low risk profile.
Impact Justification
Routine commercial paper listing with short maturity and limited market impact