Description

BSE lists 1500 units of Commercial Paper issued by NUVAMA CLEARING SERVICES LIMITED on private placement basis, redeemable on 21 November 2025.

Summary

BSE has listed new Commercial Paper issued by NUVAMA CLEARING SERVICES LIMITED on private placement basis with effect from 7 November 2025. The instrument consists of 1500 units with face value of Rs. 5,00,000 each, issued at Rs. 4,98,617, maturing on 21 November 2025. The securities are rated CARE A1+ and CRISIL A1+ with ICICI Bank Ltd acting as Issuing and Paying Agent.

Key Points

  • Securities: Commercial Paper on private placement basis
  • Quantity: 1500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,98,617 per unit
  • Scrip Code: 730515
  • Scrip ID: NVSL061125
  • ISIN: INE525L14141
  • Credit Rating: CARE A1+, CRISIL A1+
  • Market Lot: 1 unit
  • Allotment Date: 6 November 2025
  • Redemption Date: 21 November 2025
  • Maturity Period: 15 days
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE525L14141
  • Trading shall occur in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities admitted to dealings on BSE Debt segment from 7 November 2025

Important Dates

  • Notice Date: 7 November 2025
  • Allotment Date: 6 November 2025
  • Listing Date: 7 November 2025
  • Redemption Date: 21 November 2025

Impact Assessment

Minimal market impact. This is a routine short-term debt instrument listing with 15-day maturity. The Commercial Paper provides NUVAMA CLEARING SERVICES LIMITED with working capital financing at competitive rates (implied discount of approximately 0.28% for 15 days). Impact is limited to debt segment participants and institutional investors dealing in money market instruments. Trading members requiring clarification can contact BSE debt department at specified phone numbers.

Impact Justification

Routine commercial paper listing for short-term corporate debt instrument with 15-day maturity period, affecting only debt segment participants.