Description
BSE announces listing of Rs. 10 crore Commercial Paper issued by Navi Finserv Limited on private placement basis with 3-month tenure.
Summary
BSE has listed new Commercial Paper worth Rs. 10 crore issued by Navi Finserv Limited on private placement basis. The securities are listed on BSE Debt segment effective July 29, 2025, with a 3-month maturity period.
Key Points
- Commercial Paper of Rs. 5,00,000/- each (200 units totaling Rs. 10 crore)
- Issue price: Rs. 4,88,608/- per unit (discount to face value)
- Credit rating: CARE A1, IND A1
- ISIN: INE342T14DU3
- Scrip Code: 729920
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- HDFC Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: July 28, 2025
- Listing Date: July 29, 2025
- Redemption Date: October 28, 2025
- Tenure: 3 months
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides Navi Finserv with short-term funding at competitive rates given the A1 credit rating. Standard trading parameters apply with no special conditions.
Impact Justification
Routine commercial paper listing with standard terms, limited market impact