Description
BSE announces listing of Rs. 40 crore Commercial Paper issued by Navi Finserv Limited for trading in debt segment.
Summary
BSE has listed new Commercial Paper worth Rs. 40 crore issued by Navi Finserv Limited on private placement basis. The securities are available for trading in the BSE Debt segment with effect from August 7, 2025.
Key Points
- Commercial Paper of Rs. 5 lakh denomination each, total 800 units
- Scrip Code: 729972, ISIN: INE342T14DY5
- Credit Rating: CARE A1, IND A1
- Issue Price: Rs. 4,88,307.50 per unit
- HDFC Bank Limited acts as Issuing and Paying Agent
- Trading only in dematerialized form
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
- Tick size for securities is 1 paise
Important Dates
- Allotment Date: August 6, 2025
- Listing Date: August 7, 2025
- Redemption Date: November 6, 2025
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding option for Navi Finserv Limited and investment opportunity for debt investors. No significant operational changes for trading members.
Impact Justification
Routine commercial paper listing with no significant market impact