Description
BSE lists new commercial paper of Navi Finserv Limited worth Rs. 25 crores with 91-day maturity period.
Summary
BSE has listed new commercial paper securities of Navi Finserv Limited issued on private placement basis. The commercial paper has a face value of Rs. 5 lakh each with 500 units totaling Rs. 25 crores, maturing on November 4, 2025.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each
- Quantity: 500 units (total value Rs. 25 crores)
- Scrip Code: 729965
- ISIN: INE342T14DX7
- Issue Price: Rs. 4,88,431.50 per unit
- Credit Rating: CARE A1, IND A1
- Allotment Date: August 5, 2025
- Redemption Date: November 4, 2025
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form under ISIN INE342T14DX7
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise for trading
- Market lot size: 1 unit
Important Dates
- Listing Date: August 6, 2025
- Allotment Date: August 5, 2025
- Redemption Date: November 4, 2025
- Maturity Period: 91 days
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding avenue for Navi Finserv Limited and additional debt investment option for institutional investors.
Impact Justification
Routine commercial paper listing with standard terms