Description
BSE lists new commercial paper worth Rs. 100 crores issued by Nuvama Wealth and Investment Limited for trading on debt segment.
Summary
BSE has listed new Commercial Paper securities issued by Nuvama Wealth and Investment Limited on private placement basis. The securities are worth Rs. 5,00,000 each with 2,000 units totaling Rs. 100 crores, effective from September 4, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each (2,000 units)
- Issue price: Rs. 490,846.50 per unit
- Credit Rating: CARE A1+ and CRISIL A1+
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Security Details
- Scrip Code: 730146
- Scrip ID: NWIL03925
- ISIN Number: INE523L14AI6
- Issuing Agent: ICICI Bank Ltd
- Market Lot: 1
Important Dates
- Allotment Date: September 3, 2025
- Listing Date: September 4, 2025
- Redemption Date: December 3, 2025
Trading Requirements
- Securities must be traded in dematerialized form only
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Minimum tick size of 1 paise applies
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding instrument for Nuvama Wealth and Investment Limited with 3-month maturity period.
Impact Justification
Routine commercial paper listing with no broader market implications