Description

BSE announces listing of Commercial Papers worth Rs. 100 crore issued by Nuvama Custodial Services Limited on private placement basis, effective November 24, 2025.

Summary

BSE has listed new Commercial Papers issued by Nuvama Custodial Services Limited on private placement basis. The instruments, totaling 2000 units of Rs. 5 lakhs each (aggregate Rs. 100 crore), are admitted to dealings on the BSE Debt segment with effect from November 24, 2025. The papers are rated ICRA A1+ and have a tenure of approximately 11 months.

Key Points

  • Issuer: Nuvama Custodial Services Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 2000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,64,705.50 per unit
  • Total Issue Size: Rs. 100 crore
  • Scrip Code: 730635
  • Scrip ID: NCS211125
  • ISIN: INE0H3Q14014
  • Credit Rating: ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0H3Q14014
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment only
  • Trading members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: November 24, 2025
  • Date of Allotment: November 21, 2025
  • Date of Redemption: October 21, 2026
  • Tenure: Approximately 11 months (334 days)

Impact Assessment

Market Impact: Minimal. This is a routine listing of commercial paper in the debt segment with no impact on equity markets.

Operational Impact: Limited to debt segment trading members who may participate in secondary market trading of these instruments. The commercial paper provides short-term funding option for Nuvama Custodial Services Limited and investment opportunity for debt market participants seeking highly-rated short-term instruments.

Investor Relevance: Relevant only for institutional investors and high net-worth individuals operating in the debt market segment interested in ICRA A1+ rated commercial papers with approximately 11-month tenure.

Impact Justification

Routine debt instrument listing announcement with no impact on equity markets or trading operations. Affects only debt segment participants interested in this specific commercial paper.