Description

BSE lists Rs. 250 crore commercial paper issued by Nuvama Clearing Services Limited with maturity on March 18, 2026.

Summary

BSE has listed commercial paper worth Rs. 250 crore issued by Nuvama Clearing Services Limited on private placement basis. The securities are tradeable in dematerialized form with effect from December 18, 2025, with a maturity period of 3 months.

Key Points

  • Issuer: Nuvama Clearing Services Limited
  • Security Type: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 250 crore (500 units × Rs. 5,00,000)
  • 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 (Further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Trading Mode: Dematerialized only
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must ensure all transactions are conducted in dematerialized form only
  • Trading must be executed in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

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

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides additional short-term debt instruments for institutional investors. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness of Nuvama Clearing Services Limited. Trading members are informed for awareness purposes with no action required beyond normal debt trading procedures.

Impact Justification

Routine commercial paper listing with no impact on equity markets or trading members beyond informational awareness