Description
BSE lists 700 new commercial papers of Nuvama Wealth Management Limited worth Rs. 5 lakh each for trading in debt segment.
Summary
BSE has listed 700 new commercial papers issued by Nuvama Wealth Management Limited on private placement basis. Each paper has a face value of Rs. 5 lakh and will trade in the debt segment under scrip code 730148 (NWML030925).
Key Points
- 700 commercial papers of Rs. 5,00,000 each listed
- Scrip Code: 730148, Scrip ID: NWML030925
- ISIN Number: INE531F14FH2
- Credit Rating: CARE A1+, CRISIL A1+
- Issue Price: Rs. 490,846.50 per paper
- 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 these securities only in dematerialized form
- Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 3, 2025
- Listing Date: September 4, 2025
- Redemption Date: December 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The papers have high credit ratings (A1+) and provide additional debt instrument options for investors in the 3-month maturity segment.
Impact Justification
Routine commercial paper listing with limited market impact