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 on private placement basis effective August 13, 2025. The securities include a 10.75% debenture maturing in 2028 and a 10.30% debenture maturing in 2027, both with monthly interest payments.
Key Points
- Two debt securities listed: NFL-10.75%-19-8-28-PVT (₹100 crore) and NFL-10.30%-30-09-27-PVT (₹50 crore)
- Both securities carry CRISIL A/STABLE rating
- Face value of ₹10,000 per unit for both securities
- Monthly interest payment frequency
- Trading only in dematerialized form with 1 paise tick size
- Date of allotment: August 11, 2025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities to be traded under specified ISIN numbers
- Tick size compliance of 1 paise mandatory
Important Dates
- Listing Date: August 13, 2025
- Allotment Date: August 11, 2025
- Redemption Dates: August 19, 2028 (first security) and September 30, 2027 (second security)
Impact Assessment
Minimal market impact as this is a routine debt security listing. Provides additional investment options for debt market participants interested in Navi Finserv Limited’s corporate bonds with competitive interest rates.
Impact Justification
Routine debt security listing with no market-wide impact