Description

BSE lists two new commercial paper securities issued by Navi Finserv Limited on private placement basis totaling Rs. 250 crores.

Summary

BSE has listed two new commercial paper securities issued by Navi Finserv Limited on private placement basis. The securities have face values of Rs. 5 lakhs each, with different maturity periods and credit ratings of CARE A1+ and IND A1+.

Key Points

  • Two commercial paper issues listed with total value of Rs. 250 crores
  • Securities denominated at Rs. 5 lakhs each with different redemption dates
  • Both issues carry CARE A1+ and IND A1+ credit ratings
  • HDFC Bank Limited acts as Issuing and Paying Agent
  • Trading begins effective July 28, 2025

Security Details

First Issue (NFL25725):

  • Quantity: 300 securities
  • Issue Price: Rs. 4,88,372
  • Allotment Date: July 25, 2025
  • Redemption Date: October 24, 2025
  • ISIN: INE342T14DT5

Second Issue (NFL250725):

  • Quantity: 200 securities
  • Issue Price: Rs. 4,84,455
  • Allotment Date: July 25, 2025
  • Redemption Date: November 24, 2025
  • ISIN: INE342T14DS7

Trading Requirements

  • Securities tradeable only in dematerialized form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise
  • Market lot size of 1

Important Dates

  • Allotment Date: July 25, 2025
  • Trading Commencement: July 28, 2025
  • First Issue Redemption: October 24, 2025
  • Second Issue Redemption: November 24, 2025

Impact Assessment

Routine commercial paper listing with minimal market impact. Provides short-term funding options for Navi Finserv Limited and investment opportunities for institutional investors in the debt segment.

Impact Justification

Routine commercial paper listing with no market-wide implications