Description
NSE lists privately placed commercial papers and debentures from Godrej Industries, ICICI Securities, IIFL Capital, Akme Fintrade, Toyota Financial Services, and Torrent Pharmaceuticals on its debt market segment.
Summary
NSE has admitted privately placed debt securities to dealings on its Debt Market Segment effective January 21, 2026. The listing includes 5 commercial papers totaling Rs 665 crore and 4 debenture issues totaling Rs 4,990 crore from six companies across financial services, pharmaceuticals, and NBFC sectors.
Key Points
- 5 commercial papers listed with maturities ranging from 64 days to 364 days
- 4 debenture issues listed with tenures of 2-3 years
- Commercial paper issue prices range from Rs 4,60,505 to Rs 4,93,296.50 per unit (face value Rs 5 lakh)
- Debenture coupon rates range from 7.14% to 11.50% per annum
- All securities allotted on January 19-20, 2026
Securities Listed
Commercial Papers:
Godrej Industries Limited (GIL)
- ISIN: INE233A146L9
- Quantity: 1,500 units (Rs 75 crore)
- Redemption: April 21, 2026
- Issue Price: Rs 4,91,423.50
ICICI Securities Limited (ISEC)
- ISIN: INE763G14E10
- Quantity: 2,000 units (Rs 100 crore)
- Redemption: April 24, 2026
- Issue Price: Rs 4,90,897.50
ICICI Securities Limited (ISEC)
- ISIN: INE763G14E28
- Quantity: 2,000 units (Rs 100 crore)
- Redemption: July 8, 2026
- Issue Price: Rs 4,83,436
IIFL Capital Services Limited (ISL)
- ISIN: INE489L14728
- Quantity: 500 units (Rs 25 crore)
- Redemption: January 19, 2027 (364 days)
- Issue Price: Rs 4,60,505
IIFL Capital Services Limited (ISL)
- ISIN: INE489L14736
- Quantity: 500 units (Rs 25 crore)
- Redemption: March 25, 2026
- Issue Price: Rs 4,93,296.50
Debentures:
Akme Fintrade (India) Limited
- ISIN: INE916Y07073
- Quantity: 30,000 units (Rs 300 crore)
- Coupon: 11.50%
- Redemption: January 19, 2029
- Face Value: Rs 10,000
Toyota Financial Services India Limited
- ISIN: INE692Q07639
- Quantity: 20,000 units (Rs 2,000 crore)
- Coupon: 7.14%
- Redemption: January 10, 2028
- Face Value: Rs 1,00,000
Torrent Pharmaceuticals Limited
- ISIN: INE685A07132
- Quantity: 2,00,000 units (Rs 2,000 crore)
- Coupon: 7.45%
- Redemption: January 19, 2028
- Face Value: Rs 1,00,000
Torrent Pharmaceuticals Limited
- ISIN: INE685A07157
- Quantity: 2,49,000 units (Rs 2,490 crore)
- Coupon: 7.60%
- Redemption: January 19, 2029
- Face Value: Rs 1,00,000
- Issue Price: Rs 1,00,010.38
Regulatory Framework
Listing authorized under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Important Dates
- Listing Date: January 21, 2026
- Allotment Dates: January 19-20, 2026
- Earliest Redemption: March 25, 2026 (IIFL CP)
- Latest Redemption: January 19, 2029 (Torrent Pharmaceuticals debenture)
Impact Assessment
Routine debt market listing with no impact on equity trading or market operations. Provides investors with additional fixed-income investment options across various credit profiles and maturities. The securities are privately placed and restricted to qualified institutional buyers.
Impact Justification
Routine listing notification for privately placed debt securities with no impact on equity markets or broader market operations