Description

BSE announces listing of 5,500 commercial papers worth Rs. 5 lakhs each issued by NUVAMA Clearing Services Limited on private placement basis, with maturity on March 18, 2026.

Summary

BSE has listed new commercial papers issued by NUVAMA Clearing Services Limited on private placement basis effective December 17, 2025. The issue comprises 5,500 securities with a face value of Rs. 5,00,000 each, totaling Rs. 275 crore. The commercial papers are rated CRISIL A1+ and ICRA A1+, indicating highest safety for short-term debt instruments. ICICI Bank Ltd acts as the Issuing and Paying Agent.

Key Points

  • Issuer: NUVAMA Clearing Services Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 5,500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,90,942.50 per unit
  • Total Issue Size: Rs. 275 crore (approx.)
  • Scrip Code: 730796
  • Scrip ID: NCSL171225
  • ISIN: INE525L14166
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE525L14166
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded through BSE Debt segment only
  • Market lot is 1 unit with tick size of 1 paise

Important Dates

  • Listing Date: December 17, 2025
  • Allotment Date: December 17, 2025
  • Redemption Date: March 18, 2026
  • Notice Date: December 17, 2025

Impact Assessment

This listing has minimal market-wide impact as it represents a routine short-term debt instrument issuance by a clearing services entity. The 91-day commercial paper provides short-term funding for NUVAMA Clearing Services Limited at an implied discount rate. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness. The impact is limited to debt market participants and investors in commercial papers. No effect on equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing notification with standard terms, limited market-wide impact as it pertains to debt instruments of a single clearing services entity.