Description

BSE announces listing of two new debt securities issued by Nexus Select Trust on private placement basis with CRISIL AAA/STABLE and ICRA AAA/STABLE ratings.

Summary

BSE has listed two new debt securities issued by Nexus Select Trust on private placement basis, effective December 17, 2025. Both securities carry dual AAA ratings from CRISIL and ICRA with STABLE outlook. The first security (NST-Rest Rate-14-12-35-PVT) has 50,000 units with 6.98% p.a. interest rate, while the second (NSL-Reset Rate-13-12-35-PVT) has 20,000 units with floating interest rate. Both securities have a face value of Rs. 1,00,000 and will be traded only in dematerialized form.

Key Points

  • Two debt securities of Nexus Select Trust listed on BSE Debt segment effective December 17, 2025
  • Date of allotment: December 15, 2025
  • Both securities rated CRISIL AAA/STABLE and ICRA AAA/STABLE
  • Face value and issue price: Rs. 1,00,000 per security
  • Market lot: 1 unit for both securities
  • Trading permitted only in dematerialized form
  • Tick size: 1 paise

Security Details

Security 1: NST-Rest Rate-14-12-35-PVT

  • Scrip Code: 977372
  • Scrip ID: 698NST35
  • ISIN: INE0NDH07068
  • Quantity: 50,000 units
  • Interest Rate: 6.98% p.a.
  • Interest Payment: Quarterly (31/03/2026 to 14/12/2035)
  • Redemption Date: December 14, 2035
  • Put/Call Option: NA

Security 2: NSL-Reset Rate-13-12-35-PVT

  • Scrip Code: 977376
  • Scrip ID: NSL151225
  • ISIN: INE0NDH07076
  • Quantity: 20,000 units
  • Interest Rate: Floating
  • Interest Payment: Quarterly (31/03/2026 to 13/12/2035)
  • Redemption Date: December 13, 2035
  • Put/Call Option: NA

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 the specified ISIN numbers
  • Trading members should refer to the Placement Memorandum available at BSE website for further details
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • December 15, 2025: Date of allotment
  • December 17, 2025: Listing effective date
  • March 31, 2026: First interest payment date for both securities
  • December 13, 2035: Redemption date for NSL-Reset Rate security
  • December 14, 2035: Redemption date for NST-Rest Rate security

Impact Assessment

This is a routine debt listing with minimal market-wide impact. The listing adds approximately Rs. 350 crores (50,000 + 20,000 units × Rs. 1,00,000) of AAA-rated debt securities to the BSE Debt segment. The securities are issued on private placement basis and primarily affect institutional investors and trading members dealing in debt instruments. The high credit ratings indicate low credit risk for investors.

Impact Justification

Routine debt security listing on private placement basis with limited market-wide impact, primarily informational for trading members