Description
BSE announces listing of Commercial Paper issued by Navi Finserv Limited worth Rs. 20 crores on private placement basis, effective October 30, 2025.
Summary
BSE has listed new Commercial Paper issued by Navi Finserv Limited on a private placement basis, effective October 30, 2025. The issuance consists of 400 units of Rs. 5,00,000 each, totaling Rs. 20 crores, with a tenure of approximately 6 months.
Key Points
- Total issuance: 400 units of Rs. 5 lakh each (Rs. 20 crores aggregate)
- Issue price: Rs. 476,949.50 per unit (face value Rs. 5,00,000)
- Allotment date: October 29, 2025
- Redemption date: April 27, 2026
- Credit rating: IND A1+
- ISIN: INE342T14EV9
- Scrip Code: 730454 (Scrip ID: NFL291025)
- Market lot: 1 unit
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes. This is a standard debt instrument listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading shall be conducted in standard denominations of Rs. 5 lakhs and multiples thereof
- Members requiring clarification should contact the debt department at specified phone numbers (22728352/8597/8995/5753/8915)
Important Dates
- Listing Date: October 30, 2025
- Allotment Date: October 29, 2025
- Redemption Date: April 27, 2026
Impact Assessment
This is a routine debt instrument listing with minimal market impact. It provides short-term funding for Navi Finserv Limited and offers investors a debt investment option with A1+ credit rating. The listing expands the debt market inventory but does not affect equity markets or broader trading operations.
Impact Justification
Routine debt instrument listing with no broader market implications