Description
BSE lists new commercial paper securities of Nuvama Wealth Finance Limited totaling Rs. 15 crores with maturity dates in September 2025 and March 2026.
Summary
BSE has listed new commercial paper securities of Nuvama Wealth Finance Limited on private placement basis totaling Rs. 15 crores across two tranches. The securities are rated CARE A1+ and CRISIL A1+ and will trade in dematerialized form with ICICI Bank Limited as issuing and paying agent.
Key Points
- First tranche: 1000 units of Rs. 5 lakh each (total Rs. 50 crores) maturing September 15, 2025
- Second tranche: 2000 units of Rs. 5 lakh each (total Rs. 100 crores) maturing March 10, 2026
- Trading denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Credit ratings: CARE A1+ and CRISIL A1+
- Securities codes: 730106 (NWFL28825) and 730100 (NWFL26825)
Regulatory Changes
No regulatory changes. This is a routine listing of commercial paper securities.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- Trading members can contact debt department for clarifications on specified phone numbers
Important Dates
- Listing effective: August 28, 2025
- First tranche allotment: August 28, 2025, redemption September 15, 2025
- Second tranche allotment: August 26, 2025, redemption March 10, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt investment options for institutional investors with high credit quality (A1+ ratings).
Impact Justification
Routine commercial paper listing with no market disruption or regulatory changes