Description
BSE announces the listing of new debt securities worth Rs. 17,500 issued by Nuvama Wealth and Investment Limited on private placement basis, effective October 28, 2025.
Summary
BSE has listed new debt securities issued by Nuvama Wealth and Investment Limited on private placement basis with effect from October 28, 2025. The securities comprise 17,500 units with a face value of Rs. 1,00,000 each, carrying an interest rate of 9.0704% per annum with annual interest payment and redemption date of May 23, 2028. The securities are rated CARE AA/Stable and will trade exclusively in dematerialized form.
Key Points
- Quantity: 17,500 units listed on BSE Debt segment
- Scrip Code: 977246, Scrip ID: 907NWIL28
- ISIN: INE523L07AQ3
- Face Value/Paid-up Value/Issue Price: Rs. 1,00,000 per unit
- Interest Rate: 9.0704% per annum (paid annually)
- Credit Rating: CARE AA/Stable
- Date of Allotment: October 24, 2025
- Market Lot: 1 unit
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
- No put/call options available
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE523L07AQ3
- Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
- Tick size of 1 paise must be observed for trading
- Clarifications can be sought from BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- October 24, 2025: Date of Allotment
- October 28, 2025: Effective date of listing and admission to dealings
- May 23, 2028: Redemption Date
- Annual: Interest payment frequency
Impact Assessment
This listing has minimal market-wide impact as it pertains to a private placement of debt securities by a single entity. The impact is limited to:
- Debt market participants and institutional investors interested in fixed-income securities
- Investors seeking exposure to Nuvama Wealth and Investment Limited with CARE AA/Stable rated instruments
- The securities offer a competitive interest rate of 9.0704% per annum for a tenure of approximately 2.5 years
- High face value (Rs. 1 lakh per unit) indicates these securities are targeted at institutional and high-net-worth investors
- No operational changes required for general market participants
Impact Justification
Routine debt security listing notification with limited market-wide impact, relevant primarily to debt market participants and investors in Nuvama securities