Description
BSE announces listing of 4500 Commercial Papers issued by Nexus Select Trust on private placement basis with face value of Rs. 5 lakhs each, effective December 4, 2025.
Summary
BSE has listed new Commercial Paper issued by Nexus Select Trust on private placement basis with effect from December 4, 2025. The issue comprises 4500 units with a face value of Rs. 5,00,000 each, issued at Rs. 4,92,615 per unit with CRISIL A1+ rating. ICICI Bank Limited is the Issuing and Paying agent.
Key Points
- Quantity: 4500 Commercial Papers
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,92,615 per unit
- Scrip Code: 730702
- Scrip ID: NST031225
- ISIN: INE0NDH14122
- Credit Rating: CRISIL A1+
- Market Lot: 1
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE0NDH14122
- Trading shall be in standard denomination of Rs. 5 lakhs and multiples thereof
- All trades subject to tick size of 1 paise
Important Dates
- Allotment Date: December 3, 2025
- Listing Date: December 4, 2025
- Redemption Date: March 3, 2026
Impact Assessment
Limited impact - routine listing of debt instruments. Relevant only to debt market participants, institutional investors trading in commercial paper, and those tracking Nexus Select Trust securities. The 90-day tenor and A1+ rating indicates short-term high-quality debt instrument with minimal market disruption.
Impact Justification
Routine listing of commercial paper on private placement basis affecting only debt market participants and investors in Nexus Select Trust instruments.