Description
BSE announces listing of Rs. 10 crore Commercial Paper by Navi Finserv Limited with 3-month maturity period.
Summary
BSE has listed new Commercial Paper securities of Navi Finserv Limited worth Rs. 10 crore on private placement basis. The securities will trade on BSE Debt segment from July 29, 2025.
Key Points
- Commercial Paper of Rs. 5 lakh face value each
- Total quantity: 200 units (Rs. 10 crore)
- Issue price: Rs. 4,88,608 per unit
- Credit rating: CARE A1, IND A1
- Scrip code: 729920, ISIN: INE342T14DU3
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes. Standard commercial paper listing procedure.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- HDFC Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: July 28, 2025
- Trading commencement: July 29, 2025
- Redemption date: October 28, 2025
- Maturity period: 3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for Navi Finserv Limited and investment opportunity for institutional investors in debt segment.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact