Description
BSE announces listing of Commercial Paper worth Rs. 25 crore issued by Nuvama Clearing Services Limited on private placement basis, effective December 18, 2025.
Summary
BSE has listed Commercial Paper issued by NUVAMA CLEARING SERVICES LIMITED on private placement basis with effect from December 18, 2025. The instrument consists of 500 units of Rs. 5,00,000 each (total Rs. 25 crore), issued at a discount with maturity on March 18, 2026. The securities carry dual credit ratings of CRISIL A1+ and ICRA A1+.
Key Points
- Security Type: Commercial Paper issued on private placement basis
- Face Value: Rs. 5,00,000 per unit
- Total Quantity: 500 units (Rs. 25 crore)
- Issue Price: Rs. 4,90,942.50 (issued at discount)
- Scrip Code: 730796
- Scrip ID: NCSL171225
- ISIN: INE525L14166 (Further listing under same ISIN)
- Credit Rating: CRISIL A1+, ICRA A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: ICICI Bank Ltd
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must note that securities will be traded only in dematerialized form under the specified ISIN
- Trading shall take place in standard denomination of Rs. 5 Lakhs and multiples thereof
- Securities must be traded using the tick size of 1 paise
Important Dates
- Notice Date: December 18, 2025
- Allotment Date: December 17, 2025
- Listing Date: December 18, 2025
- Redemption Date: March 18, 2026
Impact Assessment
This is a routine listing of short-term debt instrument with minimal market impact. The Commercial Paper has a tenure of approximately 3 months and is rated highest quality (A1+) by both CRISIL and ICRA, indicating strong creditworthiness. The listing expands debt market offerings but has no direct impact on equity markets or broader trading operations. Contact for clarifications: BSE Debt Department at 22728352/8597/8995/5753/8915.
Impact Justification
Routine listing of short-term debt instrument with no impact on equity markets or trading operations