Description

BSE announces listing of 900 commercial papers issued by Navi Finserv Limited on private placement basis with face value of Rs. 5 lakhs each, maturing in December 2025 and January 2026.

Summary

BSE has listed new commercial papers issued by Navi Finserv Limited on private placement basis effective October 8, 2025. Two series of commercial papers totaling 900 instruments with face value of Rs. 5,00,000 each have been admitted to trading on the BSE Debt segment. The instruments carry IND A1+ credit rating and will be traded only in dematerialized form.

Key Points

  • Total 900 commercial papers listed across two series
  • Series 1: 800 units (ISIN: INE342T14EL0, Scrip Code: 730361) maturing December 26, 2025
  • Series 2: 100 units (ISIN: INE342T14EK2, Scrip Code: 730363) maturing January 2, 2026
  • Face value: Rs. 5,00,000 per instrument
  • Issue prices: Rs. 489,906.50 (Series 1) and Rs. 489,100 (Series 2)
  • Allotment date: October 7, 2025
  • Credit rating: IND A1+
  • HDFC Bank Limited acts as Issuing and Paying Agent
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 7, 2025
  • Listing Date: October 8, 2025
  • Redemption Date (Series 1 - NFL071025): December 26, 2025
  • Redemption Date (Series 2 - NFL71025): January 2, 2026

Impact Assessment

Minimal market impact. This is a standard commercial paper listing for short-term debt instruments maturing within 3 months. The listing adds liquidity options for institutional investors in Navi Finserv’s commercial paper but does not affect broader market operations or introduce new compliance requirements. Impact is limited to debt market participants interested in A1+ rated commercial papers with 2-3 month tenure.

Impact Justification

Routine commercial paper listing with no regulatory changes or market-wide impact, affects only specific debt instrument trading