Description
BSE announces listing of commercial papers from 360 ONE entities, Poonawalla Fincorp, KEC International, and Nuvama Wealth Finance on the debt market segment.
Summary
BSE has listed commercial papers issued by five companies on a private placement basis on the debt market segment effective February 9, 2026. The securities include commercial papers from 360 ONE Alternates Asset Management Limited, Poonawalla Fincorp Limited, 360 ONE Prime Limited, KEC International Ltd., 360 ONE WAM Limited, and Nuvama Wealth Finance Limited. All securities will trade in dematerialized form with a standard denomination of Rs. 5 lakhs and tick size of 1 paise.
Key Points
- Five issuers have listed commercial papers totaling 8,700 units (Rs. 435 crores in face value)
- All commercial papers have CARE A1+/CRISIL A1+/ICRA A1+/IND A1+ credit ratings
- Interest rates range from 7.15% to 8.40% per annum
- Maturity periods vary from 43 days to 364 days
- Trading only in dematerialized form under specified ISIN numbers
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Market lot size is 1 unit for all securities
Issuer Details
360 ONE Alternates Asset Management Limited
- Quantity: 200 units (Rs. 10 crores)
- Interest Rate: 8.25% p.a.
- Allotment Date: February 6, 2026
- Redemption Date: August 6, 2026 (182 days)
- Scrip Code: 731034, ISIN: INE0TQI14111
- Issue Price: Rs. 480,348.50
- Issuing Agent: HDFC Bank
Poonawalla Fincorp Limited
- Quantity: 4,000 units (Rs. 200 crores)
- Interest Rate: 7.61% p.a.
- Allotment Date: February 6, 2026
- Redemption Date: April 29, 2026 (82 days)
- Scrip Code: 731035, ISIN: INE511C14ZJ5
- Issue Price: Rs. 491,595.50
- Issuing Agent: ICICI Bank Ltd
- Rating: CARE A1+, CRISIL A1+
360 ONE Prime Limited
- Quantity: 1,500 units (Rs. 75 crores)
- Interest Rate: 8.40% p.a.
- Allotment Date: February 6, 2026
- Redemption Date: February 5, 2027 (364 days)
- Scrip Code: 731036, ISIN: INE248U14SX2
- Issue Price: Rs. 461,352.50
- Issuing Agent: HDFC Bank Limited
- Rating: CRISIL A1+, ICRA A1+
KEC International Ltd.
- Quantity: 1,500 units (Rs. 75 crores)
- Interest Rate: 7.15% p.a.
- Allotment Date: February 9, 2026
- Redemption Date: March 24, 2026 (43 days)
- Scrip Code: 731037, ISIN: INE389H14LW8
- Issue Price: Rs. 495,823.50
- Issuing Agent: Axis Bank Limited
- Rating: CRISIL A1+, IND A1+
360 ONE WAM Limited
- Quantity: 1,500 units (Rs. 75 crores)
- Interest Rate: 8.40% p.a.
- Allotment Date: February 6, 2026
- Redemption Date: February 5, 2027 (364 days)
- Scrip Code: 731038, ISIN: INE466L14FT4
- Issue Price: Rs. 461,352.50
- Issuing Agent: HDFC Bank Limited
- Rating: CARE A1+, ICRA A1+
Trading Specifications
- Trading Mode: Dematerialized form only
- Standard Denomination: Rs. 5,00,000 and multiples thereof
- Tick Size: 1 paise
- Market Lot: 1 unit
- Interest Payment: Cumulative (paid at redemption)
Compliance Requirements
- Trading members must ensure transactions are conducted in dematerialized form only
- Adherence to standard denomination of Rs. 5 lakhs and multiples
- Use specified ISIN numbers for trading
Important Dates
- Effective Trading Date: February 9, 2026
- Allotment Dates: February 6, 2026 (four issuers), February 9, 2026 (KEC International)
- Redemption Dates: Range from March 24, 2026 to February 5, 2027
Contact Information
For clarifications, trading members may contact BSE Debt Department:
- Phone: 22728352/8597/8995/5753/8915
- Contact Person: Hardik Bhuta, Assistant Vice President
Impact Assessment
This is a routine operational notice with minimal market impact. The listing of commercial papers on the debt segment provides short-term funding instruments for institutional investors. These securities do not affect equity markets and are restricted to debt market participants. The presence of high credit ratings (A1+) indicates low credit risk for investors.
Impact Justification
Routine listing of commercial papers on debt segment for institutional investors, no impact on equity markets or trading members' obligations