Description

BSE announces listing of two series of Commercial Paper issued by Nuvama Wealth and Investment Limited on private placement basis, totaling Rs. 400 crores, with redemption dates in January 2026.

Summary

BSE has listed two new series of Commercial Paper issued by Nuvama Wealth and Investment Limited on private placement basis, effective October 24, 2025. The instruments are traded on the BSE Debt segment with ICICI Bank Ltd acting as the Issuing and Paying agent. Both series have face values of Rs. 5,00,000 each with CRISIL A1+ and ICRA A1+ credit ratings.

Key Points

  • Series 1: 4000 units of Commercial Paper (Scrip Code: 730431, ISIN: INE523L14AN6) allotted on October 23, 2025
  • Issue price: Rs. 490,642 per unit, redemption date: January 22, 2026
  • Series 2: 4000 units of Commercial Paper (Scrip Code: 730432, ISIN: INE523L14AO4) allotted on October 23, 2025
  • Issue price: Rs. 490,844 per unit, redemption date: January 20, 2026
  • Total issue size: Rs. 400 crores (Rs. 200 crores per series)
  • Both series rated CRISIL A1+ and ICRA A1+ by credit rating agencies
  • ICICI Bank Ltd appointed as Issuing and Paying agent
  • Trading in dematerialized form only with market lot of 1 unit
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

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 the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Market participants should use the tick size of 1 paise for trading

Important Dates

  • Notice Date: October 24, 2025
  • Allotment Date: October 23, 2025 (both series)
  • Listing Date: October 24, 2025
  • Redemption Date (Series 1): January 22, 2026
  • Redemption Date (Series 2): January 20, 2026

Impact Assessment

This is a routine debt instrument listing with minimal market impact. The listing provides short-term financing options for Nuvama Wealth and Investment Limited and offers investment opportunities for debt market participants seeking highly-rated commercial paper with approximately 90-day tenure. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness and low default risk. No impact on equity markets or regulatory framework.

Impact Justification

Routine listing of commercial paper on debt segment with no regulatory changes or market-wide implications