Description

240 Commercial Papers of Navi Finserv Limited with face value of Rs. 5,00,000 each listed on BSE Debt segment effective November 10, 2025.

Summary

Navi Finserv Limited has listed 240 Commercial Papers on BSE’s Debt segment through private placement. Each instrument has a face value of Rs. 5,00,000 with an issue price of Rs. 4,82,487.50, carrying an IND A1 credit rating. The securities are admitted to trading effective November 10, 2025, with HDFC Bank Limited serving as the Issuing and Paying Agent.

Key Points

  • 240 Commercial Papers issued by Navi Finserv Limited on private placement basis
  • Face value and paid-up value: Rs. 5,00,000 per instrument
  • Issue price: Rs. 4,82,487.50 per instrument
  • Scrip Code: 730521, Scrip ID: NFL71125
  • ISIN: INE342T14EW7
  • Credit Rating: IND A1
  • Market lot: 1 unit
  • Tick size: 1 paise
  • Allotment date: November 7, 2025
  • Redemption date: March 31, 2026
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE342T14EW7
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: November 10, 2025
  • Allotment Date: November 7, 2025
  • Redemption Date: March 31, 2026
  • Tenure: Approximately 4.5 months (144 days)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to BSE’s debt segment.

Operational Impact: Limited to debt segment trading members who may trade these instruments. The commercial papers provide investors with a short-term investment option in Navi Finserv Limited with moderate credit quality (A1 rating).

Liquidity: The discount of approximately 3.5% (Rs. 17,512.50 per instrument) reflects the short tenure and prevailing money market rates for A1-rated issuers.

Impact Justification

Routine debt instrument listing with no market-wide implications. Affects only specific debt segment participants interested in Navi Finserv commercial paper.