Description

BSE announces listing of new Nifty 50 Index-linked debt securities issued by Nuvama Wealth Finance Limited on private placement basis, effective October 16, 2025.

Summary

BSE has listed new debt securities issued by Nuvama Wealth Finance Limited on a private placement basis, effective October 16, 2025. The securities are Nifty 50 Index-linked with a maturity date of October 13, 2028, and will trade exclusively in dematerialized form on the BSE Debt segment.

Key Points

  • Security: NWFL-NIFTY-13-10-28-PVT (Scrip Code: 977215, ISIN: INE918K07QC3)
  • Quantity issued: 1,800 units with market lot size of 1
  • Face value: Rs. 100,000 per unit
  • Issue price: Rs. 97,000 (3% discount to face value)
  • Interest structure: Nifty 50 Index-linked (no fixed rate)
  • Credit rating: CARE PP-MLD AA/Stable
  • Allotment date: October 13, 2025
  • Redemption date: October 13, 2028 (3-year tenure)
  • No put/call options available
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must ensure transactions occur only in dematerialized form under ISIN INE918K07QC3
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • October 13, 2025: Date of allotment
  • October 16, 2025: Effective listing date on BSE Debt segment
  • October 13, 2028: Redemption date

Impact Assessment

This listing has minimal market-wide impact as it involves privately placed debt securities with limited quantity (1,800 units). The index-linked nature of returns (tied to Nifty 50) provides investors with equity market exposure through a debt instrument. The AA/Stable rating indicates high credit quality. Impact is confined to debt market participants and institutional investors involved in the private placement.

Impact Justification

Routine debt security listing announcement with limited market-wide impact, relevant primarily to debt market participants and specific security holders