Description

BSE lists new commercial paper worth Rs. 40 crore issued by Navi Finserv Limited on private placement basis.

Summary

BSE has listed new commercial paper securities issued by Navi Finserv Limited on private placement basis worth Rs. 40 crore (800 units of Rs. 5 lakh each). The securities are listed on BSE Debt segment effective August 7, 2025.

Key Points

  • Commercial paper of Rs. 5,00,000 face value each
  • Total quantity: 800 units (Rs. 40 crore total)
  • Issue price: Rs. 4,88,307.50 per unit
  • Credit rating: CARE A1, IND A1
  • Scrip code: 729972, ISIN: INE342T14DY5
  • HDFC Bank Limited acts as Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialised form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size is 1 paise for price movements

Important Dates

  • Allotment date: August 6, 2025
  • Listing effective: August 7, 2025
  • Redemption date: November 6, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The 3-month tenure and investment grade rating indicate standard corporate financing activity.

Impact Justification

Routine commercial paper listing with limited market impact