Description
BSE lists new commercial paper issued by Nuvama Wealth Management Limited worth Rs. 50 crores on private placement basis, with redemption date of March 2, 2026.
Summary
BSE has listed new commercial paper issued by Nuvama Wealth Management Limited on private placement basis. The securities are listed on the BSE Debt segment effective December 4, 2025. Total issue size is Rs. 50 crores (1,000 units of Rs. 5 lakhs each) with a 90-day maturity period.
Key Points
- Securities Description: Commercial Paper issued on private placement basis
- Face Value: Rs. 5,00,000 per unit
- Total Quantity: 1,000 units (Rs. 50 crores)
- Issue Price: Rs. 4,90,961.50 per unit
- Scrip Code: 730697
- Scrip ID: NWML31225
- ISIN: INE531F14FL4
- Credit Rating: CARE A1+, CRISIL A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: ICICI Bank Ltd
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE531F14FL4
- Trading shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
- Standard debt segment trading rules apply
Important Dates
- Notice Date: December 4, 2025
- Allotment Date: December 3, 2025
- Listing Date: December 4, 2025
- Redemption Date: March 2, 2026
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing for short-term funding by Nuvama Wealth Management Limited.
Investor Impact: Low. Affects only debt market participants interested in highly-rated short-term instruments. The A1+ ratings from both CARE and CRISIL indicate highest safety grade for commercial paper.
Operational Impact: None for equity market participants. Debt segment traders have a new instrument available with 90-day maturity.
Impact Justification
Routine commercial paper listing with no market-wide impact; affects only specific debt segment participants