Description
BSE lists new Commercial Paper worth Rs. 35 crores issued by Nuvama Wealth Management Limited on private placement basis.
Summary
BSE has listed new Commercial Paper securities issued by Nuvama Wealth Management Limited worth Rs. 35 crores (700 units of Rs. 5 lakhs each) on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from September 4, 2025.
Key Points
- Commercial Paper quantity: 700 units of Rs. 5,00,000 each
- Total issue size: Rs. 35 crores
- Issue price: Rs. 4,90,846.50 per unit
- Scrip Code: 730148, Scrip ID: NWML030925
- ISIN: INE531F14FH2
- Credit ratings: CARE A1+ and CRISIL A1+
- Issuing and Paying Agent: ICICI Bank Ltd
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- Trading members can contact debt department for clarifications
Important Dates
- Allotment Date: September 3, 2025
- Trading Commencement: September 4, 2025
- Redemption Date: December 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding option for Nuvama Wealth Management Limited with 3-month maturity period. High credit ratings (A1+) indicate low credit risk for investors.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact