Description

Two new debt securities of Navi Finserv Limited listed on BSE Debt segment with monthly interest payments and maturity dates in 2027 and 2028.

Summary

Navi Finserv Limited has listed two new debt securities on BSE Debt segment effective October 16, 2025. The securities were issued on private placement basis with allotment date of October 14, 2025. First security (ISIN: INE342T07635) carries 10.30% p.a. interest with maturity on September 30, 2027, and quantity of 90,000 units. Second security (ISIN: INE342T07601) carries 10.75% p.a. interest with maturity on August 19, 2028, and quantity of 100,000 units. Both securities are rated CRISIL A/STABLE.

Key Points

  • Two new debt securities of Navi Finserv Limited listed on BSE Debt segment
  • Scrip Code 977017 (NFL-10.30%-30-09-27-PVT): 90,000 units at 10.30% p.a., maturing September 30, 2027
  • Scrip Code 976808 (NFL-10.75%-19-8-28-PVT): 100,000 units at 10.75% p.a., maturing August 19, 2028
  • Both securities have face value and issue price of Rs. 10,000 per unit
  • Interest payment frequency: Monthly for both securities
  • Credit rating: CRISIL A/STABLE for both issues
  • Market lot size: 1 unit for both securities
  • No put/call options available
  • Securities are further listings under existing ISINs

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Tick size for the securities is 1 paise
  • Trading members should refer to Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
  • Trading members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 14, 2025
  • Listing Date: October 16, 2025
  • Interest Payment: Monthly (both securities)
  • Redemption Date (Scrip 977017): September 30, 2027
  • Redemption Date (Scrip 976808): August 19, 2028

Impact Assessment

This listing has minimal market impact as it involves private placement debt securities targeting institutional investors. The listing provides additional debt instruments for portfolio diversification with monthly income streams. Both securities offer competitive yields (10.30% and 10.75% p.a.) with CRISIL A/STABLE rating, indicating adequate safety. Impact is limited to debt market participants and does not affect equity markets or general retail investors.

Impact Justification

Routine listing of new debt securities on private placement basis; affects only debt market participants and specific investors