Description

BSE announces listing of commercial papers from multiple companies including Julius Baer Capital, Nuvama Wealth, Bajaj Finance, Poonawalla Fincorp, and Birla Group Holdings on the debt segment.

Summary

BSE has listed new commercial papers issued on private placement basis by five companies on the debt market segment effective January 29, 2026. The securities include commercial papers from Julius Baer Capital (India) Private Limited, Nuvama Wealth and Investment Limited, Bajaj Finance Limited, Poonawalla Fincorp Limited, and Birla Group Holdings Private Limited. All securities will trade in dematerialized form only.

Key Points

  • Five companies have listed commercial papers totaling significant value on BSE debt segment
  • All securities are to be traded only in dematerialized form under specific ISIN numbers
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • All issuances carry CRISIL A1+ and/or ICRA A1+ credit ratings
  • Interest rates range from 7.55% to 7.99% p.a.
  • Maturity periods vary from 3 months to 12 months

Listed Securities Details

Julius Baer Capital (India) Private Limited

  • Scrip Code: 730981 (JBC290126)
  • ISIN: INE824H14TM8
  • Quantity: 2,000 units of Rs. 5 lakhs each
  • Issue Price: Rs. 490,234.50
  • Interest Rate: 7.99% p.a. (cumulative)
  • Allotment Date: 29/01/2026
  • Redemption Date: 30/04/2026
  • Issuing Agent: HDFC Bank Limited

Nuvama Wealth and Investment Limited

  • Scrip Code: 730980 (NWIL280126)
  • ISIN: INE523L14AX5
  • Quantity: 200 units of Rs. 5 lakhs each
  • Issue Price: Rs. 482,052.00
  • Interest Rate: 7.55% p.a. (cumulative)
  • Allotment Date: 28/01/2026
  • Redemption Date: 27/07/2026
  • Issuing Agent: ICICI Bank Ltd

Bajaj Finance Limited

  • Scrip Code: 730982 (BFL280126)
  • ISIN: INE296A14E79
  • Quantity: 23,500 units of Rs. 5 lakhs each (largest issuance)
  • Issue Price: Rs. 490,642.00
  • Interest Rate: 7.65% p.a. (cumulative)
  • Allotment Date: 28/01/2026
  • Redemption Date: 29/04/2026
  • Issuing Agent: ICICI Bank Limited

Poonawalla Fincorp Limited

  • Scrip Code: 730983 (PFL28126)
  • ISIN: INE511C14ZH9
  • Quantity: 5,000 units of Rs. 5 lakhs each
  • Issue Price: Rs. 464,382.00
  • Interest Rate: 7.67% p.a. (cumulative)
  • Allotment Date: 28/01/2026
  • Redemption Date: 28/01/2027 (longest tenure - 12 months)
  • Issuing Agent: ICICI Bank Ltd

Birla Group Holdings Private Limited

  • Scrip Code: 730984 (BGHP29126)
  • ISIN: INE09OL14IM9
  • Quantity: 4,000 units of Rs. 5 lakhs each
  • Issue Price: Rs. 490,702.00
  • Interest Rate: 7.60% p.a. (cumulative)
  • Allotment Date: 29/01/2026
  • Redemption Date: 30/04/2026
  • Issuing Agent: Axis Bank Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that all listed commercial papers trade only in dematerialized form
  • Standard trading denomination of Rs. 5 lakhs and multiples must be followed
  • Market lot size is 1 unit for all securities
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Effective Trading Date: January 29, 2026
  • Allotment Dates: January 28-29, 2026
  • Redemption Dates:
    • April 29-30, 2026 (Julius Baer, Bajaj Finance, Birla Group)
    • July 27, 2026 (Nuvama Wealth)
    • January 28, 2027 (Poonawalla Fincorp)

Impact Assessment

Market Impact: Low - Routine commercial paper listings on debt segment. These private placements add liquidity to the debt market but have minimal impact on equity markets.

Issuer Diversity: Mix of financial services companies (wealth management, consumer finance) and holding companies accessing short-term funding through commercial paper route.

Credit Quality: All issuances carry top-tier credit ratings (A1+) from CRISIL, ICRA, and/or CARE, indicating strong creditworthiness.

Tenure Mix: Balanced mix of short-term (3-4 months) and medium-term (6-12 months) commercial papers providing investors with various maturity options.

Trading Implications: Debt market participants can now trade these securities in standard lots with tight tick size (1 paise) for efficient price discovery.

Impact Justification

Routine listing notification for privately placed commercial papers on debt segment, primarily informational for trading members