Description

Three new debt securities of Navi Finserv Limited listed on BSE Debt segment with different maturity dates and 10-10.75% interest rates.

Summary

BSE announces the listing of three new debt securities issued by Navi Finserv Limited on private placement basis, effective August 29, 2025. The securities have face values of Rs. 10,000 each with varying maturity periods and interest rates between 10-10.75% per annum.

Key Points

  • Three debt securities listed with different maturity dates: October 30, 2026; December 31, 2027; and August 19, 2028
  • All securities have face value of Rs. 10,000 and market lot of 1
  • Interest rates range from 10% to 10.75% per annum with monthly payment frequency
  • Securities rated CRISIL A/STABLE
  • Date of allotment: August 26, 2025
  • Trading only in dematerialized form with tick size of 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

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

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

Trading Requirements

  • Securities will trade only in dematerialized form
  • Tick size: 1 paise
  • Market lot: 1 unit
  • Placement Memorandum available on BSE website

Important Dates

  • Effective Date: August 29, 2025
  • Allotment Date: August 26, 2025
  • First Interest Payment Dates: September 26, 2025; September 13, 2025; September 19, 2025 (respectively)
  • Redemption Dates: October 30, 2026; December 31, 2027; August 19, 2028

Impact Assessment

Routine debt securities listing with minimal market impact. Provides additional investment options for institutional investors in corporate debt segment with competitive interest rates above current market levels.

Impact Justification

Routine debt securities listing with no broader market implications