Description

Navi Finserv Limited has listed two series of Commercial Papers on BSE Debt segment with aggregate value of Rs. 60 crores, maturing in May 2026.

Summary

Navi Finserv Limited has listed two series of Commercial Papers (CPs) on BSE’s Debt segment on November 13, 2025. The CPs were issued on private placement basis with a face value of Rs. 5 lakhs each, totaling Rs. 60 crores across both series. Both instruments carry an IND A1+ credit rating and will mature in May 2026. HDFC Bank Limited is the Issuing and Paying Agent for both instruments.

Key Points

  • Two series of Commercial Papers listed on BSE Debt segment with effect from November 13, 2025
  • Series 1 (NFL121125): 1,000 CPs worth Rs. 50 crores, ISIN INE342T14EY3, maturing May 11, 2026
  • Series 2 (NFL121125A): 200 CPs worth Rs. 10 crores, ISIN INE342T14EX5, maturing May 12, 2026
  • Issue prices: Rs. 476,949.50 and Rs. 477,392.00 respectively (discount to face value)
  • Allotment date: November 12, 2025
  • Credit Rating: IND A1+ for both series
  • Market lot: 1 unit, Trading in dematerialized form only
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities to be traded with tick size of 1 paise

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

This is a routine commercial paper listing with minimal market impact. The instruments are short-term debt securities (approximately 6-month tenure) issued on private placement basis. The listing provides liquidity options for investors holding these CPs. With IND A1+ rating, these instruments indicate high credit quality. The total issue size of Rs. 60 crores is relatively small in the overall debt market context. Only relevant for debt market participants and institutional investors dealing in short-term money market instruments.

Impact Justification

Routine commercial paper listing with standard terms. Limited market impact as it involves private placement of short-term debt instruments by a single issuer.