Description

BSE announces listing of Commercial Paper worth Rs. 50 crores issued by Nuvama Wealth Management Limited on private placement basis, with redemption date of September 11, 2026.

Summary

BSE has listed new Commercial Paper issued by Nuvama Wealth Management Limited on private placement basis effective November 7, 2025. The instrument comprises 1,000 units of Rs. 5,00,000 each (total Rs. 50 crores), with ISIN INE531F14FJ8 and scrip code 730511. The commercial paper carries CRISIL A1+ and ICRA A1+ ratings, issued at Rs. 468,011 per unit and maturing on September 11, 2026. ICICI Bank Ltd acts as the Issuing and Paying Agent.

Key Points

  • 1,000 units of Commercial Paper listed with face value Rs. 5,00,000 each
  • Scrip Code: 730511, Scrip ID: NWML71125, Detail Name: NWML-11-09-26-CP
  • ISIN: INE531F14FJ8
  • Issue Price: Rs. 468,011 per unit (discount to face value)
  • Allotment Date: November 7, 2025
  • Redemption Date: September 11, 2026 (approximately 10 months tenure)
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Market Lot: 1 unit
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification under existing BSE debt segment framework for commercial paper instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples
  • Members must use tick size of 1 paise for price movements
  • Issuing and Paying Agent: ICICI Bank Ltd
  • Clarifications available from BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: November 7, 2025
  • Listing Date: November 7, 2025
  • Allotment Date: November 7, 2025
  • Redemption Date: September 11, 2026

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing on the debt segment affecting only institutional investors and trading members dealing in short-term debt instruments. The A1+ rating indicates highest credit quality for short-term debt.

Investor Impact: The instrument provides high-rated short-term investment opportunity for debt market participants with approximately 10-month maturity. The discount pricing (Rs. 468,011 vs Rs. 500,000 face value) implies an effective yield calculation for investors.

Operational Impact: Trading members dealing in debt instruments need to update their systems with the new scrip details and ISIN for trading and settlement purposes.

Impact Justification

Routine listing of commercial paper on debt segment with limited market-wide impact, affects only debt market participants trading in Nuvama Wealth instruments