Description
Two new commercial paper issues by Navi Finserv Limited listed on BSE debt segment with redemption dates in October and November 2025.
Summary
Navi Finserv Limited has listed two new commercial paper issues on BSE’s debt segment effective July 28, 2025. The papers were issued on private placement basis with face value of Rs. 5 lakhs each and have credit ratings of CARE A1+ and IND A1+.
Key Points
- First CP: 300 units, scrip code 729910, redemption on October 24, 2025
- Second CP: 200 units, scrip code 729912, redemption on November 24, 2025
- Both issues have face value of Rs. 5,00,000 each
- Issue prices: Rs. 4,88,372 and Rs. 4,84,455 respectively
- HDFC Bank Limited is the issuing and paying agent
- Trading in dematerialized form only
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size is 1 paise
- Securities will trade under specified ISIN numbers
Important Dates
- Listing effective date: July 28, 2025
- Allotment date: July 25, 2025
- First CP redemption: October 24, 2025
- Second CP redemption: November 24, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding options for Navi Finserv Limited and investment opportunities for institutional investors in highly-rated debt instruments.
Impact Justification
Routine commercial paper listing with no market-wide implications