Description
BSE announces listing of Rs. 50 crore Commercial Paper issued by Navi Finserv Limited on private placement basis with ISIN INE342T14EA3.
Summary
BSE announces the listing of new Commercial Paper worth Rs. 50 crores issued by Navi Finserv Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 20, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each (1000 quantity)
- Issue price: Rs. 4,53,630.50 per unit
- Scrip Code: 730047, ISIN: INE342T14EA3
- Credit Rating: CARE A1+, IND A1+
- Issuing and Paying Agent: HDFC Bank Limited
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- Securities will be traded under ISIN Number INE342T14EA3
Important Dates
- Allotment Date: August 19, 2025
- Listing Date: August 20, 2025
- Redemption Date: August 18, 2026
- Trading Effective: August 20, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding avenue for Navi Finserv Limited and offers investment opportunity for debt market participants seeking rated commercial paper with one-year maturity.
Impact Justification
Routine commercial paper listing with no broader market implications