Description

NUVAMA CLEARING SERVICES LIMITED has listed new Commercial Paper worth Rs. 50 crores on BSE Debt segment with maturity on December 22, 2025.

Summary

NUVAMA CLEARING SERVICES LIMITED has listed new Commercial Paper of Rs. 5,00,000/- each (1000 units totaling Rs. 50 crores) on BSE Debt segment effective November 24, 2025. The instruments were issued on private placement basis with allotment date of November 21, 2025 and redemption date of December 22, 2025. The commercial paper carries dual credit ratings of CRISIL A1+ and ICRA A1+, with ICICI Bank Ltd acting as the Issuing and Paying agent.

Key Points

  • Security Type: Commercial Paper issued on private placement basis
  • Face Value: Rs. 5,00,000/- per unit
  • Total Quantity: 1000 units (Total Issue Size: Rs. 50 crores)
  • Issue Price: Rs. 4,97,066/- per unit (discount of Rs. 2,934)
  • Scrip Code: 730626
  • Scrip ID: NCSL211125
  • ISIN: INE525L14158
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 Lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE525L14158
  • Trading shall take place in standard denomination of Rs. 5 Lakhs and multiples thereof
  • All trades must comply with the tick size of 1 paise
  • ICICI Bank Ltd will act as the Issuing and Paying agent for these instruments

Important Dates

  • Notice Date: November 24, 2025
  • Allotment Date: November 21, 2025
  • Listing Date: November 24, 2025
  • Redemption Date: December 22, 2025
  • Tenure: 31 days

Impact Assessment

This listing has minimal market impact as it represents a routine short-term debt instrument listing. The commercial paper has a very short maturity period of 31 days and is targeted at institutional investors dealing in money market instruments. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness. The listing provides NUVAMA CLEARING SERVICES LIMITED with short-term funding options and offers debt market participants an additional highly-rated investment avenue with one-month maturity. Impact is limited to debt segment participants and does not affect equity markets or retail investors.

Impact Justification

Routine commercial paper listing with short 31-day maturity period affecting only debt market participants dealing with NUVAMA CLEARING SERVICES LIMITED