Description
BSE lists new privately placed commercial papers from Bajaj Financial Securities, Nuvama Wealth, SBICAP Securities, Manappuram Finance, Julius Baer Capital, and JSW Energy on the debt market segment effective March 11, 2026.
Summary
BSE Notice No. 20260311-32 informs trading members that new privately placed commercial papers from six companies have been listed and admitted to trading on the BSE Debt Segment effective March 11, 2026. All securities are allotted on March 10, 2026 and trade exclusively in dematerialised form in standard denominations of Rs. 5 Lakhs and multiples thereof, with a tick size of 1 paise.
Key Points
- Six companies have listed commercial papers under fresh listing on the BSE Debt Segment.
- All CPs are issued on a private placement basis with a face value and paid-up value of Rs. 5,00,000 each.
- Trading is permitted only in demat form under respective ISIN numbers.
- Standard denomination: Rs. 5 Lakhs and multiples; tick size: 1 paise.
- Actual/deemed date of allotment for all issuances: March 10, 2026.
- For clarifications, trading members may contact the BSE Debt Department at 22728352 / 8597 / 8995 / 5753 / 8915.
Securities Listed
| Company | Scrip Code | Scrip ID | ISIN | Qty | Issue Price (Rs.) | Rate | Redemption Date | Paying Agent |
|---|---|---|---|---|---|---|---|---|
| Bajaj Financial Securities Limited | 731293 | BFSL10326 | INE01C314EM2 | 500 | 4,93,627.50 | 7.60% p.a. | 11/05/2026 | ICICI Bank Ltd |
| Nuvama Wealth and Investment Limited | 731292 | NWIL10326 | INE523L14BF0 | 2,000 | 4,89,803.50 | 8.35% p.a. | 09/06/2026 | ICICI Bank Limited |
| SBICAP Securities Limited | 731294 | SSL100326 | INE212K14DO0 | 7,000 | 4,90,750.00 | 7.72% p.a. | 09/06/2026 | State Bank of India |
| Manappuram Finance Limited | 731295 | MFL100326 | INE522D14PH5 | 6,000 | 4,90,222.50 | 8.00% p.a. | 09/06/2026 | Axis Bank Limited |
| Julius Baer Capital (India) Private Limited | 731296 | JBCP100326 | INE824H14TW7 | 3,000 | 4,90,402.00 | 7.85% p.a. | 09/06/2026 | HDFC Bank Limited |
| JSW Energy Limited | TBD | TBD | TBD | TBD | TBD | TBD | TBD | TBD |
Note: Details for JSW Energy Limited were truncated in the source content.
Credit Ratings
- Bajaj Financial Securities Limited: CRISIL A1+, IND A1+
- Nuvama Wealth and Investment Limited: CARE A1+, CRISIL A1+
- SBICAP Securities Limited: CRISIL A1+, ICRA A1+
- Manappuram Finance Limited: CARE A1+, CRISIL A1+
- Julius Baer Capital (India) Private Limited: CRISIL A1+, ICRA A1+
All rated instruments carry the highest short-term credit rating (A1+), indicating very low credit risk.
Regulatory Changes
No new regulatory changes. This is a standard operational notice for fresh listing of privately placed debt instruments on BSE’s Debt Segment.
Compliance Requirements
- Trading members must ensure all transactions in these securities are conducted in dematerialised form only.
- Trades must be in standard denominations of Rs. 5 Lakhs and multiples thereof.
- Members should reference the correct ISIN for each instrument when executing trades.
Important Dates
- Date of Allotment: March 10, 2026 (for all listed instruments)
- Listing/Trading Effective Date: March 11, 2026
- Redemption Date (BFSL CP): May 11, 2026
- Redemption Date (Nuvama, SBICAP, Manappuram, Julius Baer CPs): June 9, 2026
Impact Assessment
This listing expands the tradable universe on BSE’s Debt Segment with short-term commercial paper instruments from financially established issuers. All instruments carry top-tier short-term credit ratings (A1+), reflecting minimal credit risk. The issuances collectively represent significant notional value (e.g., SBICAP alone lists 7,000 units at Rs. 5 Lakhs each = Rs. 350 Crore). Institutional and high-net-worth investors active in the debt market segment are the primary audience. No impact on equity markets. Routine operational impact for debt trading members who must update their systems with the new scrip codes and ISINs.
Impact Justification
Routine fresh listing of commercial papers on BSE Debt Segment via private placement; impacts debt market participants and trading members dealing in these instruments but has no broad regulatory or compliance changes.