Description
BSE announces listing of Rs. 50 crore Commercial Paper issued by Navi Finserv Limited on private placement basis.
Summary
BSE has listed new Commercial Paper worth Rs. 50 crore issued by Navi Finserv Limited on private placement basis. The securities will trade on BSE Debt segment effective August 20, 2025, with HDFC Bank Limited as the Issuing and Paying Agent.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each (1000 quantity)
- Scrip Code: 730047, ISIN: INE342T14EA3
- Issue Price: Rs. 4,53,630.50 per unit
- Credit Rating: CARE A1+, IND A1+
- Allotment Date: August 19, 2025
- Redemption Date: August 18, 2026
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- Securities must be traded under specified ISIN number
Important Dates
- Listing Date: August 20, 2025
- Allotment Date: August 19, 2025
- Redemption Date: August 18, 2026
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The Commercial Paper provides additional short-term funding option for Navi Finserv Limited and offers investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine debt instrument listing with minimal market impact