Description

BSE announces listing of 500 Commercial Papers issued by Navi Finserv Limited on private placement basis, each with face value of Rs. 5,00,000, effective from October 29, 2025.

Summary

BSE has listed new Commercial Papers issued by Navi Finserv Limited on private placement basis with effect from October 29, 2025. A total of 500 Commercial Papers with face value of Rs. 5,00,000 each have been admitted to dealings on the BSE Debt segment. The instrument carries a CARE A1+ credit rating and will mature on January 28, 2026.

Key Points

  • Issuer: Navi Finserv Limited
  • Securities Type: Commercial Paper (Private Placement)
  • Quantity: 500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,88,187
  • Market Lot: 1
  • Scrip Code: 730448
  • Scrip ID: NFL281025
  • ISIN: INE342T14EU1
  • Credit Rating: CARE A1+
  • Allotment Date: October 28, 2025
  • Redemption Date: January 28, 2026
  • Issuing and Paying Agent: HDFC Bank Limited
  • Trading Mode: Dematerialised form only
  • Standard Denomination: Rs. 5 Lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes. This is a routine listing of debt securities on BSE’s debt segment.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE342T14EU1
  • Trading must be conducted in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Tick size of 1 paise must be adhered to for price quotations

Important Dates

  • Listing Date: October 29, 2025
  • Allotment Date: October 28, 2025
  • Redemption Date: January 28, 2026
  • Tenure: 92 days (approximately 3 months)

Impact Assessment

Market Impact: Low - This is a routine commercial paper listing that adds short-term debt instruments to the BSE debt segment. The impact is limited to debt market participants and institutions trading in Navi Finserv’s debt securities.

Operational Impact: Minimal - Trading members dealing in debt securities can now trade these Commercial Papers on the BSE platform. The standard trading parameters apply with dematerialised trading in Rs. 5 Lakh denominations.

Investor Impact: Limited to institutional and high net-worth investors in the debt market seeking short-term investment opportunities with CARE A1+ rated instruments.

Impact Justification

Routine commercial paper listing for debt segment trading; affects only debt market participants trading in Navi Finserv instruments