Description

BSE announces listing of commercial papers issued by SEIL Energy India Limited, Nuvama Wealth and Investment Limited, Kotak Mahindra Investments Limited, Julius Baer Capital (India) Private Limited, and Aditya Birla Housing Finance Limited on the debt segment.

Summary

BSE has listed new commercial papers issued on private placement basis by five companies on its debt market segment effective January 14, 2026. The securities will trade in dematerialized form with a standard denomination of Rs.5 lakhs and multiples thereof, with a tick size of 1 paise.

Key Points

  • Three fresh listings of commercial papers admitted to trading
  • Two further listings (additional issuances) of existing commercial paper programs
  • All securities rated CRISIL A1+ and ICRA A1+
  • Trading only in dematerialized form under specified ISIN numbers
  • Standard market lot of 1 unit (Rs.5 lakh face value)
  • Interest rates ranging from 6.26% to 7.6% per annum
  • Maturity periods ranging from 7 days to 146 days

Fresh Listings

1. SEIL Energy India Limited (SEIL140126)

  • ISIN: INE460M14818
  • Quantity: 4,000 units (Rs.200 crore)
  • Issue Price: Rs.494,495 per unit
  • Interest Rate: 6.45% p.a. (cumulative)
  • Allotment Date: January 14, 2026
  • Redemption Date: March 18, 2026 (63 days)
  • Issuing Agent: ICICI Bank Limited

2. Nuvama Wealth and Investment Limited (NWIL130126)

  • ISIN: INE523L14AT3
  • Quantity: 2,000 units (Rs.100 crore)
  • Issue Price: Rs.490,802.50 per unit
  • Interest Rate: 7.6% p.a. (cumulative)
  • Allotment Date: January 13, 2026
  • Redemption Date: April 13, 2026 (90 days)
  • Issuing Agent: ICICI Bank Ltd

3. Kotak Mahindra Investments Limited (KMIL130126)

  • ISIN: INE975F14C82
  • Quantity: 9,960 units (Rs.498 crore)
  • Issue Price: Rs.499,400.50 per unit
  • Interest Rate: 6.26% p.a. (cumulative)
  • Allotment Date: January 13, 2026
  • Redemption Date: January 20, 2026 (7 days)
  • Issuing Agent: Kotak Mahindra Bank Limited

Further Listings

1. Julius Baer Capital (India) Private Limited (JBCP261125)

  • ISIN: INE824H14SX7
  • Additional Quantity: 2,500 units (Rs.125 crore)
  • Issue Price: Rs.496,089.50 per unit
  • Interest Rate: 6.78% p.a. (cumulative)
  • Allotment Date: January 14, 2026
  • Redemption Date: February 25, 2026 (42 days)
  • Issuing Agent: HDFC Bank Ltd

2. Aditya Birla Housing Finance Limited (ABHF090126)

  • ISIN: INE831R14FS8
  • Additional Quantity: 8,000 units (Rs.400 crore)
  • Issue Price: Rs.486,419 per unit
  • Interest Rate: 6.98% p.a. (cumulative)
  • Allotment Date: January 13, 2026
  • Redemption Date: June 8, 2026 (146 days)
  • Issuing Agent: HDFC Bank Limited

Trading Specifications

  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs.5 lakhs and multiples thereof
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Face Value: Rs.500,000 per unit for all issuances
  • Interest Payment: Cumulative (paid at redemption)

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Standard denomination of Rs.5 lakhs must be maintained for all transactions
  • Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Circular Date: January 14, 2026
  • Effective Date: January 14, 2026 (listing and trading commencement)
  • Redemption Dates: Range from January 20, 2026 to June 8, 2026

Impact Assessment

Market Impact: Minimal. This is a routine listing circular that adds liquidity to the debt market segment through new commercial paper issuances. The listing provides short-term funding options for the issuing companies and investment opportunities for debt market participants.

Operational Impact: Trading members dealing in debt instruments can now trade these newly listed commercial papers. No changes to trading systems or procedures are required as these follow standard BSE debt segment protocols.

Issuer Impact: The five companies have successfully raised short-term funds totaling approximately Rs.1,423 crore through these commercial paper issuances at competitive interest rates reflecting their strong credit ratings (A1+).

Impact Justification

Routine administrative circular announcing listing of commercial papers on debt segment. Impacts only debt market participants and trading members dealing in these specific instruments.