Description

BSE lists new debt securities of Navi Finserv Limited with face value Rs. 10,000 and interest rates of 10.75% and 10.30% p.a.

Summary

BSE has listed new debt securities of Navi Finserv Limited issued on private placement basis, effective August 13, 2025. Two series of debentures with different maturity periods and interest rates are now available for trading on the BSE Debt segment.

Key Points

  • Two new debt securities series listed: NFL-10.75%-19-8-28-PVT and NFL-10.30%-30-09-27-PVT
  • Total quantity: 150,000 securities (100,000 + 50,000)
  • Face value: Rs. 10,000 each for both series
  • Credit rating: CRISIL A/STABLE for both securities
  • Monthly interest payment schedule
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing of new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities to be traded under specified ISIN numbers
  • Placement Memorandum available on BSE website for detailed terms

Important Dates

  • Allotment Date: August 11, 2025
  • Listing Effective Date: August 13, 2025
  • Redemption Dates: August 19, 2028 (first series) and September 30, 2027 (second series)
  • Interest Payment: Monthly for both series

Impact Assessment

Minimal market impact as this is a routine debt security listing. The securities provide additional investment options in the debt segment with competitive interest rates of 10.75% and 10.30% per annum. The CRISIL A/STABLE rating indicates good credit quality for investors.

Impact Justification

Routine debt security listing with no significant market impact