Description
BSE announces listing of Rs. 25 crore Commercial Paper issued by Navi Finserv Limited with 91-day maturity period.
Summary
BSE has listed new Commercial Paper worth Rs. 25 crore issued by Navi Finserv Limited on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 6, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each (500 units)
- Issue price: Rs. 4,88,431.50 per unit
- Credit Rating: CARE A1, IND A1
- Scrip Code: 729965 (NFL50825)
- ISIN: INE342T14DX7
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
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
- HDFC Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 5, 2025
- Listing Date: August 6, 2025
- Redemption Date: November 4, 2025
- Maturity Period: 91 days
Impact Assessment
Limited market impact as this is a routine short-term debt instrument listing. Provides additional short-term funding avenue for Navi Finserv Limited and investment option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide implications