Description
NSE notifies the listing of privately placed commercial papers from multiple issuers including Aditya Birla Money, Blue Star, ICICI Securities, and others on the debt market segment effective December 08, 2025.
Summary
NSE has admitted privately placed commercial papers from 10 issuers to dealings on the Debt Market Segment effective December 08, 2025. The circular lists fresh issuances and re-issuances of commercial papers with tenures ranging from 21 days to 180 days, with face values of Rs. 5,00,000 per unit.
Key Points
- Fresh Issues: 9 commercial paper issuances from various companies
- Re-Issues: ICICI Securities Limited CP with 26,000 securities
- Allotment Date: Primarily December 05, 2025 (one on December 08, 2025)
- Face Value: Rs. 5,00,000 per security across all issuances
- Total Fresh Issue Volume: 44,500 securities worth approximately Rs. 22,250 crores
- Issuers Include: Aditya Birla Money, Blue Star, Aditya Birla Capital, ICICI Securities, Sundaram Home Finance, Godrej Industries, SIDBI, L&T Finance, and HDFC Securities
Regulatory Changes
No regulatory changes. This is a routine listing notification under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
- Trading members can trade these securities on the debt market segment using the designated security codes and ISINs provided
- Securities are available for trading from December 08, 2025
Important Dates
- Listing Effective Date: December 08, 2025
- Allotment Dates: December 05, 2025 and December 08, 2025
- Redemption Dates: Range from December 26, 2025 to June 03, 2026
- Shortest Tenure: L&T Finance CP - 21 days (December 26, 2025)
- Longest Tenure: Sundaram Home Finance CP - 180 days (June 03, 2026)
Impact Assessment
Market Impact: Minimal. This is a routine administrative listing of debt instruments that expands the debt market inventory. Commercial papers are money market instruments used by corporates for short-term funding needs.
Operational Impact: Provides additional debt trading opportunities for institutional investors and debt market participants. No impact on equity markets or retail investors.
Issuer Profile: Mix of NBFCs (Aditya Birla Money, L&T Finance, Sundaram Home Finance), securities firms (ICICI Securities, HDFC Securities), industrial conglomerates (Blue Star, Godrej Industries, Aditya Birla Capital), and development financial institutions (SIDBI).
Impact Justification
Routine administrative notification of commercial paper listings on debt market segment with no direct impact on equity trading or broader market operations