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 securities are admitted for trading on BSE Debt segment with effect from August 14, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000/- face value each (2000 units)
- Total issue size: Rs. 100 crore
- Scrip Code: 730016, Scrip ID: NWIL120825
- ISIN: INE523L14AH8 (further listing under same ISIN)
- Credit Rating: CARE A1+, CRISIL A1+
- Issue Price: Rs. 498,596.5 per unit
- 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 in standard denomination of Rs. 5 Lakhs and multiples thereof
- 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: 15 days
Impact Assessment
Minimal market impact as this is a routine short-term commercial paper listing with 15-day maturity. The instrument provides additional short-term debt investment option for institutional investors in BSE Debt segment.
Impact Justification
Routine commercial paper listing with short 15-day tenure and limited market impact