Description
NSE notifies admission of privately placed commercial papers and debentures from multiple issuers including Tata Capital, Sundaram Home Finance, Godrej Industries, and others to the debt market segment.
Summary
NSE has admitted privately placed debt securities to trading on its Debt Market Segment effective December 24, 2025. The listing includes 6 commercial papers from major corporates (Tata Capital Limited, Sundaram Home Finance, Godrej Industries, EPL Limited, Jio Credit Limited, and Nirma Limited) and 3 debenture issues from Akme Fintrade and Phoenix Arc Private Limited.
Key Points
- Total of 6 commercial paper issues listed with tenures ranging from 3 to 12 months
- Total of 3 debenture issues listed with tenures of 2-3 years
- All securities admitted to dealings with effect from December 24, 2025
- Issued under Regulation 3.1.1 of NSE Debt Market (Trading) Regulations
- Securities allotted on December 22-23, 2025
Listed Securities Details
Commercial Papers:
Tata Capital Limited - INE976I14QS7
- Quantity: 6,000 units (Face Value: ₹5,00,000)
- Issue Price: ₹4,67,333.50
- Maturity: December 23, 2026 (12 months)
Sundaram Home Finance Limited - INE667F14GT7
- Quantity: 4,000 units (Face Value: ₹5,00,000)
- Issue Price: ₹4,84,636.50
- Maturity: June 15, 2026 (6 months)
Godrej Industries Limited - INE233A146B0
- Quantity: 1,000 units (Face Value: ₹5,00,000)
- Issue Price: ₹4,92,316.50
- Maturity: March 24, 2026 (3 months)
EPL Limited - INE255A14718
- Quantity: 600 units (Face Value: ₹5,00,000)
- Issue Price: ₹4,92,053
- Maturity: March 23, 2026 (3 months)
Jio Credit Limited - INE282H14089
- Quantity: 10,000 units (Face Value: ₹5,00,000)
- Issue Price: ₹4,92,112.50
- Maturity: March 23, 2026 (3 months)
Nirma Limited - INE091A14EU4
- Quantity: 3,000 units (Face Value: ₹5,00,000)
- Issue Price: ₹4,93,243
- Maturity: March 13, 2026 (3 months)
Debentures:
Akme Fintrade (India) Limited - INE916Y07065
- Quantity: 20,000 units (Face Value: ₹10,000)
- Coupon Rate: 11.50%
- Maturity: December 22, 2028 (3 years)
- No call/put options
Phoenix Arc Private Limited Series I - INE163K07139
- Quantity: 7,500 units (Face Value: ₹1,00,000)
- Coupon Rate: 8.95%
- Maturity: December 23, 2027 (2 years)
- No call/put options
Phoenix Arc Private Limited Series II - INE163K07147
- Quantity: 7,500 units (Face Value: ₹1,00,000)
- Coupon Rate: 8.95%
- Maturity: March 23, 2028 (2.25 years)
- No call/put options
Regulatory Changes
No regulatory changes introduced. This is a routine notification under existing NSE Debt Market (Trading) Regulations.
Compliance Requirements
- Market participants can trade these securities using the designated security codes provided in the circular
- All trading must comply with Regulation 3.1.1 of NSE Debt Market (Trading) Regulations
- Securities are available for trading exclusively on the debt market segment
Important Dates
- Effective Date: December 24, 2025 (listing and commencement of trading)
- Allotment Dates: December 22-23, 2025
- Redemption Dates: Range from March 13, 2026 to December 22, 2028
Impact Assessment
This circular has minimal market impact as it pertains to routine debt market listings. The securities are privately placed and will only be traded by institutional participants in the debt segment. No impact on equity markets. The listing provides additional investment opportunities for debt market participants and enhances liquidity in corporate debt instruments.
Impact Justification
Routine listing notification for debt securities. Affects only debt market participants and specific institutional investors. No impact on equity markets or broader trading operations.