Description
New Commercial Paper worth Rs. 100 crores issued by Nuvama Wealth Management Limited listed on BSE Debt segment with maturity on May 29, 2026.
Summary
BSE has listed new Commercial Paper issued by Nuvama Wealth Management Limited on private placement basis. The instrument comprises 2,000 units of Rs. 5,00,000 each (total Rs. 100 crores) with credit ratings of CRISIL A1+ and ICRA A1+. The Commercial Paper was allotted on October 29, 2025 and will mature on May 29, 2026.
Key Points
- Total issue size: 2,000 units of Rs. 5 lakh each (Rs. 100 crores)
- Issue price: Rs. 4,78,197 per unit (discounted from face value)
- Face value: Rs. 5,00,000 per unit
- Scrip Code: 730457
- Scrip ID: NWML291025
- ISIN: INE531F14FI0
- Credit Rating: CRISIL A1+ and ICRA A1+
- Market lot: 1 unit
- Trading in dematerialized form only
- Issuing and Paying Agent: ICICI Bank Ltd
Regulatory Changes
No regulatory changes announced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for the securities is 1 paise
- Securities will trade under ISIN INE531F14FI0
Important Dates
- Allotment Date: October 29, 2025
- Listing Date: October 30, 2025
- Redemption Date: May 29, 2026
- Tenure: 7 months
Impact Assessment
Minimal market impact. This is a routine short-term debt instrument listing on the BSE Debt segment. The Commercial Paper provides working capital financing to Nuvama Wealth Management Limited for a 7-month period. The high credit ratings (A1+) indicate strong creditworthiness. Trading will be restricted to institutional and qualified investors given the Rs. 5 lakh minimum denomination. No impact on equity markets or retail investors.
Impact Justification
Routine commercial paper listing with standard terms. Limited market impact as it's a private placement debt instrument.