Description

BSE lists two new debt securities of Navi Finserv Limited issued on private placement basis with 10.75% and 10.30% interest rates.

Summary

BSE has listed two new debt securities of Navi Finserv Limited issued on private placement basis, effective August 13, 2025. The securities carry interest rates of 10.75% and 10.30% per annum with monthly interest payments.

Key Points

  • Two new debt securities listed on BSE Debt segment
  • Securities issued on private placement basis
  • Both securities allotted on August 11, 2025
  • Trading commenced on August 13, 2025
  • Securities traded only in dematerialized form
  • Tick size is 1 paise

Security Details

Security 1:

  • Scrip Code: 976808 (NFL-10.75%-19-8-28-PVT)
  • ISIN: INE342T07601
  • Face Value: Rs. 10,000
  • Interest Rate: 10.75% p.a. (monthly payments)
  • Redemption Date: August 19, 2028
  • Quantity: 100,000 units
  • Credit Rating: CRISIL A/STABLE

Security 2:

  • Scrip Code: 977017 (NFL-10.30%-30-09-27-PVT)
  • ISIN: INE342T07635
  • Face Value: Rs. 10,000
  • Interest Rate: 10.30% p.a. (monthly payments)
  • Redemption Date: September 30, 2027
  • Quantity: 50,000 units
  • Credit Rating: CRISIL A/STABLE

Trading Requirements

  • Securities must be traded in dematerialized form only
  • Market lot size: 1 unit for both securities
  • Tick size: 1 paise
  • No put/call options available

Important Dates

  • Allotment Date: August 11, 2025
  • Trading Commencement: August 13, 2025
  • Redemption Dates: August 19, 2028 and September 30, 2027

Impact Assessment

This is a routine debt security listing with minimal market impact. The listing provides additional investment options in the corporate debt market and demonstrates Navi Finserv’s continued access to capital markets through private placements.

Impact Justification

Routine debt security listing with limited market impact