Description
BSE announces listing of Rs. 100 crore commercial paper issued by Nuvama Wealth and Investment Limited with 91-day maturity.
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 September 4, 2025.
Key Points
- Commercial paper of Rs. 5 lakh denomination each
- Total quantity: 2,000 units (Rs. 100 crore)
- Credit rating: CARE A1+, CRISIL A1+
- Issue price: Rs. 4,90,846.50 per unit
- Face value: Rs. 5,00,000 per unit
- ISIN: INE523L14AI6
- Scrip Code: 730146
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- ICICI Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 3, 2025
- Trading Start Date: September 4, 2025
- Redemption Date: December 3, 2025
- Maturity Period: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The instrument provides institutional investors with a 91-day investment option backed by strong credit ratings.
Impact Justification
Routine commercial paper listing with no market impact