Description
BSE lists three new debt securities of Navi Finserv Limited issued on private placement basis with 10-10.75% interest rates.
Summary
BSE has listed three new debt securities of Navi Finserv Limited on its Debt segment effective August 29, 2025. The securities were issued on private placement basis with face value of Rs. 10,000 each and carry interest rates of 10% to 10.75% per annum with monthly interest payments.
Key Points
- Three debt securities listed with different maturity periods (October 2026, December 2027, August 2028)
- All securities have CRISIL A/STABLE credit rating
- Face value and issue price of Rs. 10,000 each
- Monthly interest payment structure
- Securities tradable only in dematerialized form
- Tick size of 1 paise for trading
Security Details
Security 1 (NFL-10%-30-10-26-PVT)
- ISIN: INE342T07643
- Interest Rate: 10% p.a.
- Redemption Date: October 30, 2026
- Scrip Code: 977061
Security 2 (NFL-10.75%-31-12-27-PVT)
- ISIN: INE342T07544 (Further listing)
- Interest Rate: 10.75% p.a.
- Redemption Date: December 31, 2027
- Scrip Code: 976325
Security 3 (NFL-10.75%-19-8-28-PVT)
- ISIN: INE342T07601 (Further listing)
- Interest Rate: 10.75% p.a.
- Redemption Date: August 19, 2028
- Scrip Code: 976808
Important Dates
- Date of Allotment: August 26, 2025
- Effective Trading Date: August 29, 2025
- First Interest Payment Dates: September 13, 19, and 26, 2025 (varies by security)
Trading Requirements
- Securities must be traded in dematerialized form only
- Market lot size: 1 unit
- Minimum tick size: 1 paise
- Placement Memorandum available on BSE website
Impact Assessment
Routine debt security listing with minimal market impact. Provides additional fixed-income investment options for institutional investors in the private placement market segment.
Impact Justification
Routine debt security listing with standard terms