Description

BSE announces listing of two series of Commercial Papers issued by Nuvama Wealth Finance Limited aggregating Rs. 25 Crores on private placement basis with maturities in November and December 2025.

Summary

BSE has listed two series of Commercial Papers (CPs) issued by Nuvama Wealth Finance Limited on private placement basis, totaling Rs. 25 Crores. The first series (ISIN: INE918K14CD7) comprises 500 CPs of Rs. 5 lakh each maturing on November 25, 2025. The second series (ISIN: INE918K14CS5) also comprises 500 CPs of Rs. 5 lakh each maturing on December 31, 2025. Both issues are rated A1+ by multiple credit rating agencies and will be traded only in dematerialized form.

Key Points

  • Two series of Commercial Papers listed on BSE Debt segment effective October 7, 2025
  • Series 1: 500 units of Rs. 5,00,000 each (Scrip Code: 728382, ISIN: INE918K14CD7)
  • Series 2: 500 units of Rs. 5,00,000 each (Scrip Code: 730358, ISIN: INE918K14CS5)
  • Both series allotted on October 6, 2025
  • Series 1 matures November 25, 2025 with issue price Rs. 495,116.50
  • Series 2 matures December 31, 2025 with issue price Rs. 491,431.50
  • Credit ratings: Series 1 rated CARE A1+ and CRISIL A1+; Series 2 rated CRISIL A1+ and ICRA A1+
  • ICICI Bank Limited acts as Issuing and Paying Agent for both series
  • Trading only in dematerialized form in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size is 1 paise
  • Market lot is 1 unit

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Trading shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification may contact BSE debt department on specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Allotment Date: October 6, 2025 (both series)
  • Listing Date: October 7, 2025 (both series)
  • Redemption Date (Series 1): November 25, 2025
  • Redemption Date (Series 2): December 31, 2025

Impact Assessment

Minimal market impact. This is a routine private placement of short-term Commercial Paper totaling Rs. 25 Crores by Nuvama Wealth Finance Limited. The listing adds to the available debt instruments on BSE but does not affect equity markets or broader trading operations. The high credit ratings (A1+) indicate strong creditworthiness. Impact is limited to debt market participants and institutional investors interested in short-term money market instruments.

Impact Justification

Routine debt listing of short-term commercial paper with no impact on equity markets or broader market operations