Description
BSE announces listing of 750 new debt securities issued by Nuvama Wealth Finance Limited on private placement basis with maturity in April 2029.
Summary
BSE has listed and admitted 750 new debt securities issued by Nuvama Wealth Finance Limited on private placement basis for trading on the BSE Debt segment effective November 26, 2025. The securities (Scrip Code: 977266, ISIN: INE918K07QE9) are gold futures-linked instruments with a face value of Rs. 100,000, issued at Rs. 97,346, and maturing on April 30, 2029. The securities carry a CARE PP-MLD AA/Stable credit rating and will trade exclusively in dematerialized form.
Key Points
- 750 debt securities listed on BSE Debt segment
- Scrip Code: 977266, Scrip ID: NWFL301025
- ISIN: INE918K07QE9 (further listing under same ISIN)
- Face Value: Rs. 100,000 per security
- Issue Price: Rs. 97,346 (discount to face value)
- Market Lot: 1 security
- Credit Rating: CARE PP-MLD AA/Stable
- Allotment Date: November 21, 2025
- Listing Date: November 26, 2025
- Redemption Date: April 30, 2029
- Instrument Type: Gold Futures-linked (NWFL-GOLDFUTURE-30-4-29-PVT)
- Trading Mode: Dematerialized form only
- Tick Size: 1 paise
- Put/Call Options: As per Key Information Document (KID)
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification under existing BSE debt listing framework.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE918K07QE9
- Tick size of 1 paise must be observed for all trades
- Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
- For clarifications, trading members may contact BSE Debt Department on phone numbers: 22728352/8597/8995/5753/8915
Important Dates
- November 21, 2025: Date of Allotment
- November 26, 2025: Listing and Trading Commencement Date
- April 30, 2029: Date of Redemption
Impact Assessment
Market Impact: Low - This is a routine debt securities listing that affects only investors and trading members dealing with Nuvama Wealth Finance Limited’s debt instruments. The securities were issued on private placement basis, limiting the initial investor base.
Operational Impact: Minimal - Trading members dealing in debt securities need to be aware of the new scrip code and ISIN for order placement and settlement. The dematerialized-only trading requirement is standard for modern debt securities.
Investor Impact: Limited to subscribers of the private placement and secondary market buyers. The AA/Stable rating indicates relatively strong credit quality. The discount to face value (Rs. 97,346 vs Rs. 100,000) reflects prevailing market yields for such instruments.
Issuer Context: Nuvama Wealth Finance Limited is accessing debt capital markets through private placement, with gold futures-linked securities adding to its funding mix.
Impact Justification
Routine debt securities listing notice with no regulatory changes or market-wide impact, relevant only to specific security holders and trading members