Description
Three new debt securities of Navi Finserv Limited listed on BSE Debt segment with interest rates ranging from 10% to 10.75% p.a. and redemption dates between 2027-2028.
Summary
Navi Finserv Limited has listed three new debt securities on BSE Debt segment effective November 4, 2025, issued on private placement basis. The securities were allotted on October 31, 2025, with face values of Rs. 10,000 each, monthly interest payments, and credit ratings of CRISIL A/Stable or IND A/Stable.
Key Points
- Three debt securities listed with total quantity of 175,000 units (50,000 + 50,000 + 75,000)
- All securities issued at face value of Rs. 10,000 per unit
- Interest rates: 10.75% p.a., 10.60% p.a., and 10% p.a.
- Monthly interest payment structure for all three securities
- Securities tradable only in dematerialized form
- Market lot size: 1 unit
- Tick size: 1 paise
Security Details
Security 1 (Scrip Code: 976808)
- ISIN: INE342T07601
- Interest Rate: 10.75% p.a.
- Redemption Date: August 19, 2028
- Quantity: 50,000 units
- Credit Rating: CRISIL A/STABLE
Security 2 (Scrip Code: 976437)
- ISIN: INE342T07569
- Interest Rate: 10.60% p.a.
- Redemption Date: May 21, 2027
- Quantity: 50,000 units
- Credit Rating: IND A/Stable
Security 3 (Scrip Code: 977270)
- ISIN: INE342T07650
- Interest Rate: 10% p.a.
- Redemption Date: January 31, 2027
- Quantity: 75,000 units
- Credit Rating: IND A/Stable
Compliance Requirements
- Securities must be traded only in dematerialized form under specified ISIN numbers
- Trading members should refer to Placement Memorandum on BSE website for additional details
- Contact debt department (22728352/8597/8995/5753/8915) for clarifications
Important Dates
- Date of Allotment: October 31, 2025
- Listing Date: November 4, 2025
- Redemption Dates: January 31, 2027; May 21, 2027; August 19, 2028
- Interest Payment: Monthly for all securities
Impact Assessment
This is a routine debt securities listing with minimal market-wide impact. The listing provides institutional investors and trading members access to Navi Finserv Limited’s debt instruments with varying tenures (approximately 1.5 to 3 years). The interest rates (10-10.75% p.a.) reflect current market conditions for A-rated debt securities. No put/call options are available on these securities.
Impact Justification
Routine listing of privately placed debt securities with limited market impact, primarily relevant to debt market participants and institutional investors.