Description

NSE notifies admission of privately placed commercial paper and debt securities from multiple issuers including SMFG India Credit, Indian Oil Corporation, Toyota Financial Services, IIFL Finance, and others to the debt market segment effective October 03, 2025.

Summary

NSE has admitted various privately placed securities to dealings on the Debt Market Segment effective October 03, 2025. The circular includes fresh issues of commercial paper from SMFG India Credit Company Limited (2 series), Indian Oil Corporation Limited, and HDFC Securities Limited, along with debentures from Toyota Financial Services India Limited, IIFL Finance Limited, and Trust Investment Advisors Private Limited. Re-issues include commercial paper from ICICI Securities Limited and debentures from LIC Housing Finance Limited.

Key Points

  • Total of 7 fresh issue securities listed (4 commercial papers, 3 debentures)
  • Total of 2 re-issue securities listed (1 commercial paper, 1 debenture)
  • All securities admitted to trading effective October 03, 2025
  • Securities issued under Regulation 3.1.1 of NSE Debt Market Trading Regulations
  • Issuers include major financial institutions and corporations

Fresh Issues - Commercial Paper

SMFG India Credit Company Limited - Series 23

  • ISIN: INE535H14JS8
  • Quantity: 4,000 units
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,67,628
  • Allotment Date: October 01, 2025
  • Redemption Date: September 28, 2026

SMFG India Credit Company Limited - Series 22

  • ISIN: INE535H14JR0
  • Quantity: 6,000 units
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,67,879
  • Allotment Date: October 01, 2025
  • Redemption Date: September 25, 2026

Indian Oil Corporation Limited - Series 761

  • ISIN: INE242A14YN6
  • Quantity: 5,000 units
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,94,906
  • Allotment Date: October 01, 2025
  • Redemption Date: December 05, 2025

HDFC Securities Limited

  • ISIN: INE700G14QL0
  • Quantity: 5,000 units
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,98,165.50
  • Allotment Date: October 03, 2025
  • Redemption Date: October 24, 2025

Fresh Issues - Debentures

Toyota Financial Services India Limited - Series S54

  • ISIN: INE692Q07589
  • Quantity: 30,000 units
  • Face Value: ₹1,00,000
  • Issue Price: ₹1,00,000
  • Allotment Date: September 30, 2025
  • Redemption Date: December 15, 2027
  • Coupon Rate: 7.24%
  • No call/put options

IIFL Finance Limited - Series PDI 1

  • ISIN: INE530B08201
  • Quantity: 500 units
  • Face Value: ₹1,00,00,000
  • Issue Price: ₹1,00,00,000
  • Allotment Date: September 30, 2025
  • Call Option Date: September 30, 2035
  • Coupon Rate: 9.9%
  • No put option

Trust Investment Advisors Private Limited - Series IV

  • ISIN: INE723X07265
  • Quantity: 7,500 units
  • Face Value: ₹1,00,000
  • Issue Price: ₹1,00,000
  • Allotment Date: September 30, 2025
  • Redemption Date: February 28, 2029
  • Coupon Rate: 8.85%
  • No call/put options

Re-Issues

ICICI Securities Limited - Commercial Paper

  • ISIN: INE763G14XY7
  • Quantity: 4,000 units
  • Face Value: ₹5,00,000
  • Issue Price: ₹4,84,803.50
  • Allotment Date: October 01, 2025
  • Redemption Date: March 20, 2026

LIC Housing Finance Limited - Debenture Tranche 436

  • ISIN: INE115A07QM6
  • Issue Name: LICH28 7.77%
  • Series: Tr. 436
  • (Additional details not provided in circular)

Compliance Requirements

  • Trading members may trade these securities on the debt market segment using designated security codes
  • Securities are subject to NSE Debt Market Trading Regulations
  • All listed securities follow private placement norms

Important Dates

  • Effective Trading Date: October 03, 2025
  • Allotment Dates: September 30, 2025 to October 03, 2025
  • Redemption Dates: Range from October 24, 2025 to September 28, 2026 (commercial papers) and December 15, 2027 to February 28, 2029 (debentures)

Impact Assessment

This is a routine listing notification that enables trading of privately placed debt securities on NSE’s debt market segment. The impact is limited to debt market participants, institutional investors, and the specific issuers. There is no direct impact on equity markets or retail investors. The listing provides liquidity options for holders of these privately placed instruments.

Impact Justification

Routine listing notification for privately placed debt securities; affects only debt market participants and does not impact equity trading or broader market operations