Description
BSE announces listing of 4000 Commercial Papers of Rs.5,00,000 each issued by Nexus Select Trust on private placement basis, effective November 10, 2025.
Summary
BSE announces the listing and admission to trading of new Commercial Paper securities issued by Nexus Select Trust on private placement basis. The securities are listed on the BSE Debt segment effective November 10, 2025. The instrument comprises 4000 Commercial Papers with a face value of Rs.5,00,000 each, issued at Rs.492,413, maturing on February 6, 2026.
Key Points
- Issuer: Nexus Select Trust
- Securities Type: Commercial Paper (Private Placement)
- Quantity: 4000 units
- Face Value: Rs.5,00,000 per unit
- Issue Price: Rs.492,413 per unit
- Total Issue Size: Rs.200 crores
- Scrip Code: 730527
- Scrip ID: NST71125
- ISIN: INE0NDH14098
- Credit Rating: IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes. This is a standard listing announcement.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE0NDH14098
- Trading must occur in standard denomination of Rs.5 Lakhs and multiples thereof
- Securities will be traded on BSE Debt segment
Important Dates
- Notice Date: November 10, 2025
- Allotment Date: November 7, 2025
- Listing Date: November 10, 2025
- Redemption Date: February 6, 2026
- Tenure: 91 days
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The Commercial Paper is issued on private placement basis for short-term funding needs. The IND A1+ rating indicates high credit quality. Impact is limited to debt market participants and institutional investors dealing with commercial paper instruments. For clarifications, trading members can contact BSE debt department at 22728352/8597/8995/5753/8915.
Impact Justification
Routine listing announcement for commercial paper on private placement basis with no broader market impact