Description
BSE lists Rs. 170 crore commercial paper issued by Navi Finserv Limited on private placement basis with 3-month tenure.
Summary
BSE has listed new commercial paper worth Rs. 170 crore issued by Navi Finserv Limited on private placement basis. The securities are listed on the BSE Debt segment and are available for trading in dematerialized form from August 8, 2025.
Key Points
- Commercial paper denomination: Rs. 5,00,000 per unit
- Total quantity: 340 units (Rs. 170 crore aggregate)
- Issue price: Rs. 4,88,307.50 per unit
- Credit rating: CARE A1+, IND A1+
- ISIN: INE342T14DZ2
- Scrip code: 729987
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading allowed only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- HDFC Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment date: August 7, 2025
- Trading commencement: August 8, 2025
- Redemption date: November 7, 2025
- Tenure: 3 months
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding for Navi Finserv Limited and offers investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine debt instrument listing with standard terms and limited market impact