Description
NSE announces listing of commercial paper from various companies including Tata Capital Housing Finance, HSBC Investdirect, Godrej Industries, ICICI Securities, IIFL Finance, Aseem Infrastructure, and L&T Finance on the debt market segment.
Summary
NSE has admitted privately placed commercial paper securities from multiple financial and corporate entities to dealings on the Debt Market Segment effective December 05, 2025. The circular lists 11 commercial paper issuances from companies including Tata Capital Housing Finance Limited, HSBC Investdirect Financial Services, Godrej Industries Limited, ICICI Securities Limited, IIFL Finance Limited, Aseem Infrastructure Finance Limited, and L&T Finance Limited.
Key Points
- Total of 11 commercial paper securities listed on NSE debt market segment
- All securities allotted on December 04, 2025
- Redemption dates range from December 30, 2025 to December 04, 2026
- Face value for all securities: ₹5,00,000 per unit
- Total quantity across all issuances: 49,600 securities
- All issuances are commercial paper (CP) instruments
Listed Securities Details
Tata Capital Housing Finance Limited
- Security: TCHFL CP 05/03/26 Sr 17
- ISIN: INE033L14OM9
- Quantity: 10,000 units
- Issue Price: ₹4,92,667
- Redemption: March 05, 2026
HSBC Investdirect Financial Services (I) Limited
- Security 1: HIFSIL CP 04/06/26 Sr 40 (ISIN: INE790I14HC5) - 3,000 units at ₹4,83,113.5, redeems June 04, 2026
- Security 2: HIFSIL CP 05/03/26 Sr 39 (ISIN: INE790I14HB7) - 1,000 units at ₹4,91,845.5, redeems March 05, 2026
Godrej Industries Limited
- Security: GIL CP 05/03/26 Sr 122
- ISIN: INE233A145N7
- Quantity: 1,500 units
- Issue Price: ₹4,92,473.5
- Redemption: March 05, 2026
ICICI Securities Limited
- Security 1: ISEC CP 02/06/26 (ISIN: INE763G14D37) - 2,000 units at ₹4,83,777, redeems June 02, 2026
- Security 2: ISEC CP 05/03/26 (ISIN: INE763G14D45) - 11,500 units at ₹4,91,942, redeems March 05, 2026
IIFL Finance Limited
- Security: IIFL CP 04/06/26 Sr 2561
- ISIN: INE530B14GD0
- Quantity: 500 units
- Issue Price: ₹4,79,784.5
- Redemption: June 04, 2026
Aseem Infrastructure Finance Limited
- Security: AIFL CP 04/12/26 Sr 27
- ISIN: INE0AD514339
- Quantity: 10,000 units
- Issue Price: ₹4,65,766
- Redemption: December 04, 2026 (longest tenure - 12 months)
L&T Finance Limited
- Security 1: LTFL CP 02/01/26 (ISIN: INE498L14FH2) - 4,000 units at ₹4,97,509.5, redeems January 02, 2026
- Security 2: LTFL CP 30/12/25 (ISIN: INE498L14FI0) - 6,100 units, redeems December 30, 2025 (shortest tenure)
Regulatory Changes
No regulatory changes. This is a routine notification under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
- Members are notified of the designated security codes for these commercial paper instruments
- Securities are available for trading on the NSE debt market segment from December 05, 2025
- All standard debt market trading regulations apply
Important Dates
- Allotment Date: December 04, 2025 (all securities)
- Listing Effective Date: December 05, 2025
- Earliest Redemption: December 30, 2025 (LTFL CP 30/12/25)
- Latest Redemption: December 04, 2026 (AIFL CP 04/12/26 Sr 27)
Impact Assessment
Market Impact: Low - This is a routine listing of privately placed debt securities with no impact on equity markets or broader market operations.
Operational Impact: Minimal - Standard debt market listing process. These commercial paper instruments are now available for secondary market trading on NSE’s debt platform.
Investor Impact: Relevant only to debt market participants and institutional investors dealing in commercial paper. These are typically high-value instruments (₹5 lakh face value) meant for institutional participation.
Liquidity: Adds to the depth of corporate debt instruments available for trading in the secondary market.
Impact Justification
Routine listing notification for privately placed commercial paper securities with no market-wide impact or regulatory changes.