Description
BSE announces listing of new debt securities by Navi Finserv Limited on private placement basis effective today.
Summary
BSE announces the listing of new debt securities issued by Navi Finserv Limited on private placement basis, effective August 21, 2025. The securities will trade on BSE Debt segment with specific trading parameters and conditions.
Key Points
- Quantity: 15,000 securities listed
- Market Lot: 1 security
- Scrip Code: 976855
- Scrip ID: 10NFL27
- ISIN: INE342T07619
- Face Value: ₹100,000 per security
- Interest Rate: 10% per annum
- Credit Rating: IND A+
Security Details
- Issue Price: ₹100,000
- Allotment Date: August 19, 2025
- Interest Payment: Monthly from July 25, 2025 to March 25, 2027
- Redemption Date: March 25, 2027
- Put/Call Option: Not Available
Trading Requirements
- Securities must be traded in dematerialized form only
- Tick size: 1 paise
- Trading effective from August 21, 2025
Compliance Requirements
- Trading members must refer to Placement Memorandum available on BSE website
- Contact debt department for clarifications at specified phone numbers
Important Dates
- Listing Effective Date: August 21, 2025
- Allotment Date: August 19, 2025
- Interest Payment Period: July 25, 2025 to March 25, 2027
- Redemption Date: March 25, 2027
Impact Assessment
Routine debt security listing with minimal market impact. Provides additional funding avenue for Navi Finserv Limited through debt market. No significant operational changes required for trading members beyond standard debt trading procedures.
Impact Justification
Routine debt security listing with limited market impact