Description

BSE announces listing of new Commercial Paper issued by Navi Finserv Limited worth Rs. 50 crores on private placement basis.

Summary

BSE has listed new Commercial Paper issued by Navi Finserv Limited on private placement basis. The securities are worth Rs. 5 lakh each with 1000 units totaling Rs. 50 crores, carrying CARE A1+ and IND A1+ credit ratings.

Key Points

  • Commercial Paper denomination: Rs. 5,00,000 per unit
  • Total quantity: 1000 units
  • Scrip Code: 730047
  • ISIN: INE342T14EA3
  • Credit Rating: CARE A1+, IND A1+
  • Issue price: Rs. 453,630.50 per unit
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities to be traded only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size set at 1 paise

Important Dates

  • Allotment Date: August 19, 2025
  • Listing Date: August 20, 2025
  • Redemption Date: August 18, 2026

Impact Assessment

Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding avenue for Navi Finserv Limited and offers investment option for institutional investors in the debt segment.

Impact Justification

Routine commercial paper listing with limited market impact