Description
BSE announces listing of Rs 100 crore Commercial Paper issued by Navi Finserv Limited for trading on debt segment.
Summary
BSE announces the listing of new Commercial Paper worth Rs 100 crore issued by Navi Finserv Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective July 29, 2025.
Key Points
- Commercial Paper of face value Rs 5,00,000 each (200 units)
- Issue price: Rs 4,88,608 per unit
- Scrip Code: 729920, ISIN: INE342T14DU3
- Credit Rating: CARE A1, IND A1
- HDFC Bank Limited acts as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of Rs 5 lakhs and multiples thereof
- Tick size of 1 paise applicable
- Trading members must use specified ISIN number
Important Dates
- Allotment Date: July 28, 2025
- Trading Commencement: July 29, 2025
- Redemption Date: October 28, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt instrument option for institutional investors with 3-month maturity period.
Impact Justification
Routine commercial paper listing with limited market impact