Description
NSE notifies the listing of privately placed commercial papers from Tata Capital Housing Finance, Godrej Properties, Godrej Industries, Nxtra Data, and ICICI Securities on the debt market segment effective January 09, 2026.
Summary
NSE has admitted privately placed commercial papers from five companies to trading on its Debt Market Segment effective January 09, 2026. The listing includes three fresh issues totaling ₹2,875 crores and two re-issues totaling ₹1,925 crores across Tata Capital Housing Finance, Godrej Properties, Godrej Industries, Nxtra Data, and ICICI Securities.
Key Points
- Total of 5 commercial paper securities listed on debt market segment
- Fresh issues: 3 securities from Tata Capital Housing Finance, Godrej Properties, and Godrej Industries
- Re-issues: 2 securities from Nxtra Data and ICICI Securities
- All securities allotted on January 08, 2026
- Maturity periods range from 69 days to 365 days
- Total face value across all issues: ₹4,800 crores
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
- Members to note the designated security codes for the listed commercial papers
- Securities available for trading on the debt market segment from January 09, 2026
- ISIN codes have been assigned for each security for identification and trading purposes
Important Dates
- Effective Date: January 09, 2026 (listing and trading commencement)
- Allotment Date: January 08, 2026 (all securities)
- Redemption Dates:
- Nxtra Data CP: March 11, 2026 (62 days)
- Godrej Properties CP: March 18, 2026 (69 days)
- ICICI Securities CP: March 18, 2026 (69 days)
- Godrej Industries CP: April 09, 2026 (91 days)
- Tata Capital Housing Finance CP: January 08, 2027 (365 days)
Impact Assessment
Market Impact: Minimal. This is a routine debt market listing that adds liquidity to the commercial paper market for these specific issuers. No impact on equity markets or broader trading operations.
Operational Impact: Limited to debt market participants who may trade these instruments. The listing provides secondary market liquidity for institutional investors holding these commercial papers.
Issuer Details:
- Tata Capital Housing Finance: ₹500 crores (10,000 securities @ ₹5 lakh face value, issue price ₹4.68 lakh)
- Godrej Properties: ₹200 crores (4,000 securities @ ₹5 lakh face value, issue price ₹4.94 lakh)
- Godrej Industries: ₹75 crores (1,500 securities @ ₹5 lakh face value, issue price ₹4.92 lakh)
- Nxtra Data: ₹75 crores re-issue (1,500 securities @ ₹5 lakh face value, issue price ₹4.95 lakh)
- ICICI Securities: ₹310 crores re-issue (6,200 securities @ ₫5 lakh face value, issue price ₹4.94 lakh)
Impact Justification
Routine listing notification for privately placed commercial papers with no market-wide implications; affects only debt market participants and specific issuers