Description

BSE notifies the listing and admission to trading of commercial papers issued by Birla Group Holdings, 360 ONE Alternates, Bajaj Financial Securities, Samvardhana Motherson International, and Nuvama Wealth on private placement basis effective January 21, 2026.

Summary

BSE has listed commercial papers issued on private placement basis by five companies on its Debt Segment effective January 21, 2026. The securities include commercial papers from Birla Group Holdings Private Limited (Rs. 100 crore), 360 ONE Alternates Asset Management Limited (Rs. 10 crore), Bajaj Financial Securities Limited (Rs. 50 crore), Samvardhana Motherson International Limited (Rs. 250 crore), and Nuvama Wealth and Investment Limited (Rs. 100 crore). All securities will trade only in dematerialised form with standard denomination of Rs. 5 lakhs and tick size of 1 paise.

Key Points

  • Five companies’ commercial papers admitted to trading on BSE Debt Segment
  • Total value: Rs. 510 crore across all issuances
  • Trading exclusively in dematerialised form under respective ISIN numbers
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Interest rates range from 6.29% to 8% per annum
  • Maturity periods vary from 10 days to 1 year
  • Credit ratings: CRISIL A1+, ICRA A1+, CARE A1+, IND A1+
  • Issuing and paying agents: Axis Bank, HDFC Bank, and ICICI Bank

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under existing BSE debt market framework.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form
  • Transactions to be executed in standard denomination of Rs. 5 lakhs and multiples
  • Trading members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Effective Date: January 21, 2026 (listing and admission to trading)
  • Allotment Dates: January 20-21, 2026
  • Redemption Dates:
    • Bajaj Financial Securities: January 30, 2026
    • Nuvama Wealth: February 20, 2026
    • Samvardhana Motherson: March 11, 2026
    • 360 ONE Alternates: January 19, 2027
    • Birla Group Holdings: January 21, 2027

Impact Assessment

Market Impact: Minimal. Routine listing of commercial papers for institutional debt market participants. No impact on equity markets.

Operational Impact: Limited to debt segment trading members who may trade these instruments. Standard debt market procedures apply.

Investor Impact: Relevant only for institutional investors and debt market participants dealing in commercial papers. Provides additional short-term debt investment options with varying tenures (10 days to 1 year) and competitive interest rates (6.29% to 8% p.a.).

Detailed Listing Information

1. Birla Group Holdings Private Limited

  • Scrip Code: 730944 | ISIN: INE09OL14II7
  • Quantity: 2,000 units | Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,63,435 | Interest Rate: 7.89% p.a.
  • Allotment Date: January 21, 2026 | Redemption: January 21, 2027
  • Rating: CRISIL A1+, ICRA A1+ | Agent: Axis Bank Limited

2. 360 ONE Alternates Asset Management Limited

  • Scrip Code: 730942 | ISIN: INE0TQI14046
  • Quantity: 200 units | Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,63,057 | Interest Rate: 8% p.a.
  • Allotment Date: January 20, 2026 | Redemption: January 19, 2027
  • Rating: CARE A1+ | Agent: HDFC Bank Limited

3. Bajaj Financial Securities Limited

  • Scrip Code: 730945 | ISIN: INE01C314EE9
  • Quantity: 1,000 units | Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,99,140 | Interest Rate: 6.29% p.a.
  • Allotment Date: January 20, 2026 | Redemption: January 30, 2026
  • Rating: CRISIL A1+, IND A1+ | Agent: ICICI Bank Ltd

4. Samvardhana Motherson International Limited

  • Scrip Code: 730943 | ISIN: INE775A14806
  • Quantity: 5,000 units | Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,95,688 | Interest Rate: 6.35% p.a.
  • Allotment Date: January 20, 2026 | Redemption: March 11, 2026
  • Rating: ICRA A1+, IND A1+ | Agent: ICICI Bank Limited

5. Nuvama Wealth and Investment Limited

  • Scrip Code: 730946 | ISIN: INE523L14AV9
  • Quantity: 2,000 units | Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,96,856 | Interest Rate: 7.45% p.a.
  • Allotment Date: January 20, 2026 | Redemption: February 20, 2026
  • Rating: CRISIL A1+, ICRA A1+ | Agent: ICICI Bank Ltd

Impact Justification

Routine listing notification of commercial papers on debt segment affecting only debt market participants and institutional investors