Description
NSE admits 10 commercial paper issues from various companies including Godrej Industries, Aditya Birla Capital, ICICI Securities and others to the debt market segment effective October 30, 2025.
Summary
NSE has admitted 10 commercial paper issues from 9 companies to trading on the Debt Market Segment effective October 30, 2025. The issues include commercial papers from Godrej Industries Limited, Aditya Birla Capital Limited (2 series), ICICI Securities Limited, Small Industries Development Bank of India, CEAT Limited, IIFL Finance Limited, Cholamandalam Investment and Finance Company Limited, HDB Financial Services Ltd, and Motilal Oswal Financial Services Limited. All securities were allotted on October 29, 2025, with redemption dates ranging from November 6, 2025 to September 22, 2026.
Key Points
- Total of 10 commercial paper issues listed from 9 different issuers
- All securities allotted on October 29, 2025
- Total aggregate face value across all issues: Rs 92,300 crores (92,800 securities x Rs 5 lakh face value)
- Shortest tenure: HDB Financial Services CP maturing November 6, 2025 (8 days)
- Longest tenure: ICICI Securities CP maturing September 22, 2026 (328 days)
- Face value standardized at Rs 5,00,000 per security across all issues
- Issue prices range from Rs 4,70,807.50 to Rs 4,99,316 reflecting different tenures and yields
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. Member entities should note the designated security codes and ISINs for these newly listed commercial papers for trading and settlement purposes.
Important Dates
- Listing Date: October 30, 2025
- Allotment Date: October 29, 2025 (all issues)
- Redemption Dates:
- November 6, 2025: HDB Financial Services CP
- January 27, 2026: CEAT CP
- January 28, 2026: Godrej Industries, Aditya Birla Capital Sr 81, SIDBI, IIFL Finance, Cholamandalam, Motilal Oswal CPs
- February 27, 2026: Aditya Birla Capital Sr 82-83 CP
- September 22, 2026: ICICI Securities CP
Impact Assessment
Minimal market impact. This is a routine administrative notification for listing of privately placed commercial paper securities. The listing provides secondary market trading opportunities for institutional investors holding these short-term debt instruments. No impact on equity markets or broader trading operations. The securities are traded on the debt market segment and cater to institutional debt investors seeking short-term money market instruments.
Impact Justification
Routine listing of privately placed commercial paper securities with no market-wide impact or regulatory changes