Description
NSE announces listing of commercial papers from 9 companies including ICICI Securities, NABARD, and Mahindra Financial Services with redemption dates ranging from September 2025 to May 2026.
Summary
NSE has admitted 11 privately placed commercial papers from 9 companies to trading on the debt market segment effective August 21, 2025. The securities include instruments from major financial institutions and corporates with face values of ₹5 lakh each and varying redemption periods.
Key Points
- 11 commercial papers listed from 9 different companies
- All securities have face value of ₹5,00,000 each
- Redemption dates range from September 29, 2025 to May 20, 2026
- Total quantity ranges from 400 to 52,000 securities per issue
- Issue prices vary from ₹98.14 to ₹496,183 depending on tenure
Listed Securities Details
ICICI Securities Limited (ISEC)
- 6,000 securities, redemption November 19, 2025
- Issue price: ₹4,92,232
NABARD
- 52,000 securities, redemption November 19, 2025
- Issue price: ₹4,92,873
Mahindra Financial Services (MMFSL)
- 10,000 securities, redemption November 19, 2025
- Issue price: ₹4,92,328.5
Aditya Birla Capital (ABCL)
- 9,000 securities, redemption November 19, 2025
- Issue price: ₹4,92,292
Welspun Living (WLL)
- 1,000 securities, redemption October 24, 2025
- Issue price: ₹4,94,452.5
Cholamandalam Investment and Finance (CIAFCL)
- 20,000 securities, redemption May 20, 2026
- Issue price: ₹4,75,124.5
IDBI Capital Markets & Securities (ICMSL)
- 500 securities, redemption November 18, 2025
- Issue price: ₹98.14
Angel One Limited (AOL)
- Two issues: 400 securities (November 20, 2025) and 500 securities (September 29, 2025)
- Issue prices: ₹4,90,822.5 and ₹4,96,183 respectively
Regulatory Framework
Listing conducted under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Important Dates
- Effective Date: August 21, 2025
- Allotment Dates: August 20-21, 2025
- Redemption Range: September 29, 2025 to May 20, 2026
Impact Assessment
Routine debt market expansion providing additional short to medium-term investment options for institutional investors. The diverse issuer profile and varying tenures offer market participants flexibility in debt portfolio construction.
Impact Justification
Standard debt market listing with significant aggregate value but routine operational nature