Description
NSE notifies the listing of commercial papers from multiple companies including Tata Capital, Blue Star, IIFL Finance, Godrej Properties, and others on the debt market segment.
Summary
NSE has admitted privately placed commercial papers from 10 companies to dealings on the Debt Market Segment effective November 13, 2025. The circular lists commercial papers with their respective ISINs, security codes, face values, issue prices, allotment dates (November 12, 2025), and redemption dates ranging from November 2025 to September 2026.
Key Points
- Total of 10 commercial paper issuances listed on the debt market segment
- All securities allotted on November 12, 2025
- Listing effective from November 13, 2025
- Face value of Rs. 5,00,000 for all listed commercial papers
- Redemption periods range from 15 days to 10 months
- Total quantity across all issuances: 73,283 securities
- Companies include Tata Capital Limited, Blue Star Limited, IIFL Finance Limited, Godrej Properties Limited, Godrej Industries Limited, TATA PROJECTS LIMITED, Angel One Limited, L&T Finance Limited, and Motilal Oswal Financial Services Limited
Listed Securities Details
Short-term Commercial Papers (90 days or less):
- Tata Capital Limited: 10,000 securities, redemption Feb 11, 2026
- Blue Star Limited: 2,000 securities, redemption Feb 11, 2026
- Godrej Properties Limited: 2,000 securities, redemption Feb 11, 2026
- Godrej Industries Limited: 1,500 securities, redemption Feb 11, 2026
- Angel One Limited: 9,000 securities, redemption Feb 11, 2026
- L&T Finance Limited: 17,000 securities, redemption Nov 27, 2025
- L&T Finance Limited: 13,500 securities, redemption Nov 28, 2025
- Motilal Oswal Financial Services Limited: 10,000 securities, redemption Jun 4, 2026
Long-term Commercial Papers (more than 90 days):
- IIFL Finance Limited: 4,283 securities, redemption Sep 9, 2026
- TATA PROJECTS LIMITED: 4,000 securities, redemption Sep 8, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
- Members are notified of the new debt securities available for trading
- Designated security codes assigned to each commercial paper as specified in the annexure
- Trading can commence on the debt market segment from November 13, 2025
Important Dates
- Allotment Date: November 12, 2025 (all securities)
- Listing Effective Date: November 13, 2025
- Redemption Dates:
- November 27, 2025: L&T Finance Limited CP
- November 28, 2025: L&T Finance Limited CP
- February 11, 2026: Tata Capital, Blue Star, Godrej Properties, Godrej Industries, Angel One
- June 4, 2026: Motilal Oswal Financial Services
- September 8, 2026: TATA PROJECTS LIMITED
- September 9, 2026: IIFL Finance Limited
Impact Assessment
Market Impact: Minimal direct impact on equity markets. This is a routine debt market listing notification that provides additional short-term financing instruments for institutional investors and enhances liquidity in the debt segment.
Operational Impact: Members can now trade these commercial papers on the debt market segment. The listing provides investors with additional fixed-income investment options with varying maturity profiles from 15 days to 10 months.
Investor Impact: Increases investment opportunities for debt market participants seeking short to medium-term commercial paper exposure to blue-chip companies across NBFC, manufacturing, real estate, and financial services sectors.
Impact Justification
Routine administrative listing of privately placed commercial papers on debt market segment with no direct impact on equity markets or trading operations