Description
NSE announces listing of commercial papers from 10 companies including Tata Communications, Godrej Properties, Axis Securities, and others on the debt market segment effective October 17, 2025.
Summary
NSE has admitted privately placed commercial papers (CPs) from 10 companies to the debt market segment effective October 17, 2025. The circular lists commercial papers totaling ₹39,500 crores across various issuers with maturity dates ranging from December 2025 to January 2026.
Key Points
- Total Securities Listed: 10 commercial paper issues from different companies
- Allotment Date: October 16, 2025 for all listed securities
- Trading Start Date: October 17, 2025
- Face Value: ₹5,00,000 per security for all CPs
- Total Quantity: 97,500 securities
- Largest Issue: Hindalco Industries Limited - 40,000 securities (₹2,000 crores)
- Issue Price Range: ₹4,89,863 to ₹4,95,077 per security
Listed Securities Details
Short-term Maturities (December 2025)
- Tata Steel Limited (TSL CP 16/12/25): 15,000 securities, redemption Dec 16, 2025
- Angel One Limited (AOL CP 31/12/25 Sr 52): 6,000 securities, redemption Dec 31, 2025
Medium-term Maturities (January 2026)
- Tata Communications Limited (TCM CP 15/01/26): 10,000 securities
- Godrej Properties Limited (GPL CP 15/01/26 Sr 76): 3,000 securities
- Axis Securities Limited (ASL CP 15/01/26 Sr 43): 8,000 securities
- Godrej Industries Limited (GIL CP 15/01/26 Sr 99): 1,500 securities
- HDFC Securities Limited (HSL CP 15/01/2026): 11,000 securities
- Aditya Birla Money Limited (ABML CP 15/01/26): 2,000 securities
- Hindalco Industries Limited (HIL CP 15/01/26): 40,000 securities
- IIFL Finance Limited (IIFL CP 19/01/26 Sr 2544): 1,000 securities
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
No new compliance requirements. The listed securities have been admitted to dealings on the debt market segment with designated security codes and ISINs provided in the annexure.
Important Dates
- Allotment Date: October 16, 2025
- Listing/Trading Start Date: October 17, 2025
- Redemption Dates:
- December 16, 2025 (Tata Steel)
- December 31, 2025 (Angel One)
- January 15, 2026 (7 issuers)
- January 19, 2026 (IIFL Finance)
Impact Assessment
Market Impact: Minimal - This is a routine operational notification for debt market participants. The listing of commercial papers provides additional trading instruments in the debt segment but does not affect equity markets or introduce any market-wide changes.
Investor Impact: Information is relevant only for debt market investors and institutional participants interested in short-term commercial paper investments from these corporate issuers.
Operational Impact: No operational changes required for members. The securities are now available for trading with designated codes as per the annexure.
Impact Justification
Routine listing notification for privately placed commercial papers with no regulatory changes or compliance requirements for market participants