Description
NSE notification regarding admission of privately placed commercial papers from multiple companies including Tata Capital Housing Finance, Kotak Securities, Blue Star, ICICI Securities, Godrej group entities, and Muthoot Finance to dealings on the Debt Market Segment effective November 6, 2025.
Summary
NSE has admitted privately placed commercial papers from 8 companies to dealings on the Debt Market Segment effective November 6, 2025. The circular lists 11 commercial paper issues with varying maturity dates ranging from February 2026 to September 2026, with face values of ₹5 lakh per security and issue prices reflecting discount rates.
Key Points
- 11 commercial paper issues listed on NSE Debt Market Segment effective November 6, 2025
- Issuers include Tata Capital Housing Finance, Kotak Securities, Blue Star, ICICI Securities, three Godrej group companies, and Muthoot Finance
- All securities have face value of ₹5,00,000 per unit
- Issue prices range from ₹4,71,099 to ₹4,92,618.5 reflecting varying tenors and discount rates
- Allotment date for all securities: November 4, 2025
- Redemption dates range from February 2, 2026 to September 11, 2026
- Total quantity across all issues: 57,500 securities representing approximately ₹287.5 crore face value
Regulatory Changes
No regulatory changes. This is a routine listing notification pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
No specific compliance actions required from members. This is an informational circular notifying members about the listing of debt securities.
Important Dates
- Effective Date of Listing: November 6, 2025
- Allotment Date: November 4, 2025 (all issues)
- Redemption Dates:
- February 2, 2026: Godrej Industries CP Sr 109
- February 3, 2026: Tata Capital Housing Finance, Blue Star Sr 26, ICICI Securities, Godrej Properties Sr 83, Godrej Industries Sr 110, Godrej Consumer Products Sr 16
- March 13, 2026: Kotak Securities Sr 163
- September 8, 2026: Muthoot Finance
- September 11, 2026: Muthoot Finance
Impact Assessment
Market Impact: Low - Routine debt market listing activity with no impact on equity markets or trading operations.
Operational Impact: Minimal - Standard listing notification for debt market participants. The commercial papers are now available for trading on NSE’s debt market platform.
Issuer Profile: The circular covers commercial papers from established financial services companies (Tata Capital Housing Finance, Kotak Securities, ICICI Securities, Muthoot Finance), manufacturing companies (Blue Star), and Godrej group entities (Godrej Properties, Godrej Industries, Godrej Consumer Products), indicating healthy debt market activity across sectors.
Impact Justification
Routine listing notification for privately placed commercial papers on debt market segment. No regulatory changes or market-wide impact. Standard operational listing activity.