Description

BSE announces the listing of two series of Commercial Papers issued by Navi Finserv Limited on private placement basis, totaling Rs. 60 crores, effective November 13, 2025.

Summary

BSE has listed two series of Commercial Papers issued by Navi Finserv Limited on private placement basis. Series 1 comprises 1000 CPs of Rs. 5 lakh each (total Rs. 50 crores) maturing on May 11, 2026. Series 2 comprises 200 CPs of Rs. 5 lakh each (total Rs. 10 crores) maturing on May 12, 2026. Both series are rated IND A1+ and listed on the BSE Debt segment with HDFC Bank Limited as the Issuing and Paying Agent.

Key Points

  • Series 1 (ISIN: INE342T14EY3): 1000 CPs, Issue Price Rs. 4,76,949.50, Redemption: May 11, 2026
  • Series 2 (ISIN: INE342T14EX5): 200 CPs, Issue Price Rs. 4,77,392.00, Redemption: May 12, 2026
  • Face value and paid-up value: Rs. 5,00,000 per CP for both series
  • Allotment date: November 12, 2025
  • Credit rating: IND A1+ for both series
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Regulatory Changes

No regulatory changes. This is a routine listing announcement for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denominations of Rs. 5 lakhs and multiples thereof
  • Trading members must use the specified scrip codes (730552 for Series 1, 730553 for Series 2)
  • Members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 12, 2025
  • Listing Date: November 13, 2025
  • Redemption Date (Series 1): May 11, 2026
  • Redemption Date (Series 2): May 12, 2026

Impact Assessment

Minimal market impact. This is a standard commercial paper listing that affects only debt segment participants and investors interested in short-term debt instruments of Navi Finserv Limited. The instruments have a 6-month maturity and provide additional liquidity options in the debt market. The IND A1+ rating indicates high credit quality and safety of principal.

Impact Justification

Routine commercial paper listing affecting only debt segment trading members and investors in these specific instruments