Description

BSE announces listing of 5,500 Commercial Papers of Rs. 5 lakh each issued by Nuvama Clearing Services Limited on private placement basis, with redemption date of March 18, 2026.

Summary

BSE has listed new Commercial Paper securities issued by Nuvama Clearing Services Limited on private placement basis effective December 17, 2025. The issue consists of 5,500 units with face value of Rs. 5,00,000 each, rated CRISIL A1+ and ICRA A1+, maturing on March 18, 2026.

Key Points

  • Securities: Commercial Paper issued on private placement basis
  • Quantity: 5,500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,90,942.50 per unit
  • Scrip Code: 730796
  • Scrip ID: NCSL171225
  • ISIN: INE525L14166
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Trading permitted only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • 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 INE525L14166
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples
  • Minimum tick size of 1 paise must be followed
  • Trading members requiring clarification should contact BSE debt department at specified phone numbers: 22728352/8597/8995/5753/8915

Important Dates

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

Impact Assessment

This listing has minimal market impact as it represents a routine short-term debt instrument issued by Nuvama Clearing Services Limited. The commercial paper has a 3-month maturity period and is relevant primarily to institutional investors and debt market participants. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness. This is a standard operational announcement affecting only those trading members dealing in debt securities of this specific issuer.

Impact Justification

Routine commercial paper listing for a clearing services company affecting only debt market participants trading in this specific instrument