Description

BSE lists new Commercial Paper issue of Rs. 170 crores by Navi Finserv Limited with 3-month tenure and CARE A1+ rating.

Summary

BSE has listed new Commercial Paper securities issued by Navi Finserv Limited on private placement basis. The issue consists of 340 units of Rs. 5 lakh each, totaling Rs. 170 crores, with a 3-month maturity period.

Key Points

  • Commercial Paper of Rs. 5,00,000/- each issued on private placement basis
  • Total quantity: 340 units (Rs. 170 crores)
  • Issue price: Rs. 4,88,307.50 per unit
  • Credit rating: CARE A1+, IND A1+
  • ISIN: INE342T14DZ2
  • Scrip Code: 729987, Scrip ID: NFL7825

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will trade only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size of 1 paise applicable
  • HDFC Bank Limited acts as Issuing and Paying Agent

Important Dates

  • Date of allotment: August 7, 2025
  • Listing date: August 8, 2025
  • Redemption date: November 7, 2025
  • Tenure: 3 months

Impact Assessment

Routine debt instrument listing with minimal market impact. The commercial paper provides short-term funding avenue for Navi Finserv Limited and offers investment opportunity for institutional investors in the debt segment.

Impact Justification

Routine commercial paper listing with standard terms and limited market impact