Description

BSE announces listing of Rs. 75 crore Commercial Paper issued by Nuvama Wealth Management Limited on private placement basis, with redemption date of March 2, 2026.

Summary

BSE has listed new Commercial Paper securities issued by Nuvama Wealth Management Limited on private placement basis, effective December 5, 2025. The issue comprises 1,500 units of Rs. 5 lakh denomination each, totaling Rs. 75 crore, with ICICI Bank Ltd serving as the Issuing and Paying Agent.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Total Quantity: 1,500 units (Rs. 75 crore total)
  • Scrip Code: 730697
  • Scrip ID: NWML31225
  • ISIN: INE531F14FL4 (further listing under same ISIN)
  • Issue Price: Rs. 491,061.50 per unit
  • Credit Rating: CARE A1+, CRISIL A1+
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market Lot: 1 unit
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE531F14FL4
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Adherence to tick size of 1 paise for price movements
  • Contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Notice Date: December 5, 2025
  • Date of Allotment: December 4, 2025
  • Listing Date: December 5, 2025
  • Date of Redemption: March 2, 2026

Impact Assessment

Minimal market impact. This is a routine commercial paper listing in the debt segment affecting institutional investors and trading members dealing in debt securities. The high credit ratings (A1+ from both CARE and CRISIL) indicate low credit risk. The 88-day tenor commercial paper provides short-term funding to Nuvama Wealth Management Limited with no significant implications for broader market operations.

Impact Justification

Routine commercial paper listing with standard terms, limited market-wide impact, affects only debt segment trading members