Description
Two new commercial paper securities of Navi Finserv Limited listed on BSE Debt segment with redemption dates in December 2025 and January 2026.
Summary
BSE has listed two new commercial paper securities issued by Navi Finserv Limited on private placement basis, effective October 8, 2025. The first security (800 units) matures on December 26, 2025, and the second (100 units) matures on January 2, 2026. Both carry IND A1+ credit rating and HDFC Bank Limited serves as the Issuing and Paying agent.
Key Points
- Security 1: 800 units of Rs. 5 lakh each (Scrip Code: 730361, ISIN: INE342T14EL0)
- Security 2: 100 units of Rs. 5 lakh each (Scrip Code: 730363, ISIN: INE342T14EK2)
- Both securities rated IND A1+ and issued at discount to face value
- Trading only in dematerialized form with standard denomination of Rs. 5 lakhs
- Tick size: 1 paise
- HDFC Bank Limited acts as Issuing and Paying agent for both instruments
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Use specified ISIN numbers for trading
Important Dates
- Listing Date: October 8, 2025
- Allotment Date: October 7, 2025 (both securities)
- Redemption Date (Security 1): December 26, 2025
- Redemption Date (Security 2): January 2, 2026
Impact Assessment
Minimal market impact. This is a routine commercial paper listing involving short-term debt instruments with 80-87 day tenure. The total value is Rs. 45 crores (Rs. 40 crores for Security 1 and Rs. 5 crores for Security 2). The listing provides Navi Finserv Limited with short-term funding through money market instruments and offers institutional investors additional debt investment options.
Impact Justification
Routine commercial paper listing with standard terms, limited market impact