Description
BSE announces listing of three new debt securities issued by Navi Finserv Limited on private placement basis with interest rates of 10% and 10.75%.
Summary
BSE has listed three new debt securities of Navi Finserv Limited issued on private placement basis, effective August 29, 2025. The securities carry interest rates of 10% and 10.75% per annum with tenures ranging from October 2026 to August 2028.
Key Points
- Three debt securities listed with face value of Rs. 10,000 each
- All securities issued on private placement basis with allotment date August 26, 2025
- CRISIL A/STABLE credit rating for all securities
- Monthly interest payment structure
- Securities tradeable only in dematerialized form
- Tick size set at 1 paise
Security Details
NFL-10%-30-10-26-PVT (ISIN: INE342T07643)
- Scrip Code: 977061
- Interest Rate: 10% p.a.
- Redemption Date: October 30, 2026
- Quantity: 50,000 units
NFL-10.75%-31-12-27-PVT (ISIN: INE342T07544)
- Scrip Code: 976325
- Interest Rate: 10.75% p.a.
- Redemption Date: December 31, 2027
- Quantity: 50,000 units
NFL-10.75%-19-8-28-PVT (ISIN: INE342T07601)
- Scrip Code: 976808
- Interest Rate: 10.75% p.a.
- Redemption Date: August 19, 2028
- Quantity: 50,000 units
Compliance Requirements
- Securities to be traded only in dematerialized form
- Trading members should refer to Placement Memorandum for detailed information
- Contact BSE debt department for clarifications on specified phone numbers
Important Dates
- Listing Date: August 29, 2025
- Allotment Date: August 26, 2025
- First Interest Payment: September 2025 (various dates)
- Redemption Dates: October 30, 2026; December 31, 2027; August 19, 2028
Impact Assessment
Routine debt securities listing with limited market impact. Provides additional fixed-income investment options for institutional investors in the debt segment. The securities offer competitive interest rates ranging from 10% to 10.75% per annum.
Impact Justification
Routine debt securities listing with minimal market impact