Description
BSE announces listing and admission to dealings of new Commercial Paper worth Rs. 25 crores issued by Navi Finserv Limited on private placement basis.
Summary
BSE has listed new Commercial Paper securities issued by Navi Finserv Limited worth Rs. 25 crores on private placement basis. The securities are admitted to dealings on BSE Debt segment effective September 1, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000/- each with quantity of 500 units
- Total issue size: Rs. 25 crores
- Scrip Code: 730124, Scrip ID: NFL290825
- ISIN Number: INE342T14EB1
- Credit Rating: CARE A1+, IND A1+
- Issue Price: Rs. 476,039.50 per unit
- HDFC Bank Limited acts as Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing process followed.
Compliance Requirements
- Securities to be traded only in dematerialised form
- Trading in standard denomination of Rs. 5 Lakhs and multiples thereof
- Tick size for securities is 1 paise
- Trading members to contact debt department for clarifications
Important Dates
- Date of Allotment: August 29, 2025
- Listing Date: September 1, 2025
- Date of Redemption: February 26, 2026
- Maturity Period: Approximately 6 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term investment option for debt market participants with high credit rating (A1+). Standard trading parameters apply with no special provisions or restrictions.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact