Description

BSE announces listing of 2000 Commercial Papers (Rs. 5 lakh each) 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 its Debt segment effective November 24, 2025. The issuance consists of 2000 securities of Rs. 5,00,000 face value each, issued on private placement basis with ICRA A1+ credit rating. The instruments are redeemable on October 21, 2026.

Key Points

  • Quantity: 2000 Commercial Papers of Rs. 5 lakh face value each
  • Total Issue Size: Rs. 100 crore (2000 × Rs. 5,00,000)
  • Issue Price: Rs. 4,64,705.50 per unit
  • ISIN: INE0H3Q14014
  • Scrip Code: 730635
  • Scrip ID: NCS211125
  • Market Lot: 1 unit
  • Credit Rating: ICRA A1+
  • Trading: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for newly issued 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
  • Tick size of 1 paise must be observed for all trades
  • ICICI Bank Ltd acts as the Issuing and Paying agent

Important Dates

  • Notice Date: November 24, 2025
  • Listing Effective Date: November 24, 2025
  • Allotment Date: November 21, 2025
  • Redemption Date: October 21, 2026

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to BSE’s debt segment.

Operational Impact: Trading members dealing in debt securities can now trade these instruments. The commercial paper provides a 335-day investment avenue with ICRA A1+ rating.

Investor Impact: Provides institutional and qualified investors access to highly-rated short-term debt instruments from Nuvama Custodial Services Limited with approximately 11-month tenure.

Liquidity Impact: Negligible market-wide impact; relevant only for debt segment participants and investors seeking exposure to Nuvama group’s commercial papers.

Impact Justification

Routine debt instrument listing with limited market-wide impact; affects only debt segment trading members and investors in commercial papers.