Description

BSE announces listing of 500 Commercial Papers worth Rs.5 lakh each issued by Nuvama Wealth and Investment Limited on private placement basis, with redemption date 30-Oct-2025.

Summary

BSE has listed and admitted to trading 500 Commercial Papers issued by Nuvama Wealth and Investment Limited on private placement basis effective 16-Oct-2025. Each instrument has a face value of Rs.5,00,000 with issue price of Rs.4,98,668 and will mature on 30-Oct-2025. The securities carry CARE A1+ and CRISIL A1+ credit ratings and will trade only in dematerialized form on the BSE Debt segment.

Key Points

  • 500 Commercial Papers of Rs.5 lakh face value each listed on BSE Debt segment
  • Scrip Code: 730392, Scrip ID: NWIL151025, ISIN: INE523L14AL0
  • Issue Price: Rs.4,98,668 per instrument (discount of Rs.1,332 from face value)
  • Allotment Date: 15-Oct-2025
  • Redemption Date: 30-Oct-2025 (15-day tenure)
  • Credit Ratings: CARE A1+ and CRISIL A1+
  • Issuing and Paying Agent: ICICI Bank Ltd
  • Trading only in dematerialized form
  • Standard denomination: Rs.5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market Lot: 1 unit

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for new debt instruments issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE523L14AL0
  • Trading permitted only in standard denomination of Rs.5 lakhs and multiples
  • Members must use tick size of 1 paise for trading these instruments
  • Clarifications can be obtained from BSE debt department on specified contact numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: 16-Oct-2025
  • Listing Effective Date: 16-Oct-2025
  • Allotment Date: 15-Oct-2025
  • Redemption Date: 30-Oct-2025

Impact Assessment

Market Impact: Low - This is a standard short-term debt instrument listing with minimal market-wide impact. Commercial papers are routine money market instruments used for short-term corporate funding.

Operational Impact: Low - Affects only debt segment trading members and institutional investors participating in commercial paper markets. The 15-day tenure indicates very short-term liquidity management instrument.

Issuer Impact: Neutral - Routine treasury operation for Nuvama Wealth and Investment Limited to raise short-term funds at competitive rates backed by strong credit ratings (A1+ from both CARE and CRISIL).

Impact Justification

Routine commercial paper listing with 15-day tenure affecting only debt segment participants and institutional investors in short-term debt instruments