Description

Two series of Commercial Papers of Navi Finserv Limited listed on BSE Debt segment with total issuance of 914 units worth Rs. 45.7 crores.

Summary

BSE has listed two series of Commercial Papers issued by Navi Finserv Limited on private placement basis, effective October 27, 2025. The first series consists of 200 units with face value of Rs. 5 lakhs each, maturing on March 27, 2026. The second series consists of 714 units with the same face value, maturing on January 22, 2026. Both instruments are rated IND A1+ and will be traded in dematerialized form only.

Key Points

  • Total of 914 Commercial Paper units listed across two series
  • Face value: Rs. 5,00,000 per unit for both series
  • Credit Rating: IND A1+ for both instruments
  • Issue date: October 24, 2025
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Limited
  • Market lot size: 1 unit

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Trading must be conducted in standard denominations of Rs. 5 lakhs and multiples thereof
  • Securities must be traded with tick size of 1 paise

Important Dates

  • Allotment Date: October 24, 2025
  • Listing Date: October 27, 2025
  • Redemption Date (Series 1 - NFL241025): March 27, 2026
  • Redemption Date (Series 2 - NFL241025A): January 22, 2026

Impact Assessment

This is a routine debt instrument listing with minimal market impact. The listing provides short-term debt investment opportunities for institutional investors in the debt segment. The IND A1+ rating indicates high credit quality. Total issuance value is approximately Rs. 45.7 crores (Rs. 10 crores for Series 1 and Rs. 35.7 crores for Series 2). This listing does not affect equity markets or broader trading operations.

Instrument Details

Series 1 (NFL241025)

  • Scrip Code: 730437
  • Scrip ID: NFL241025
  • Detail Name: NFL-27-3-26-CP
  • ISIN: INE342T14ET3
  • Quantity: 200 units
  • Issue Price: Rs. 480,244.00
  • Tenure: 154 days

Series 2 (NFL241025A)

  • Scrip Code: 730438
  • Scrip ID: NFL241025A
  • Detail Name: NFL-22-1-26-CP
  • ISIN: INE342T14ES5
  • Quantity: 714 units
  • Issue Price: Rs. 488,555.50
  • Tenure: 90 days

Impact Justification

Routine debt instrument listing with no broader market impact; affects only debt segment investors.