Description

BSE announces listing of three new debt securities issued by Navi Finserv Limited on private placement basis, effective November 18, 2025.

Summary

BSE has listed and admitted three new debt securities issued by Navi Finserv Limited on private placement basis for trading on the BSE Debt segment effective November 18, 2025. The securities comprise three tranches with varying tenures, interest rates (10.30% to 10.75% p.a.), and face values, all carrying CRISIL A/STABLE rating.

Key Points

  • Three new debt securities of Navi Finserv Limited listed on BSE Debt segment
  • Total quantities: 175,000 units (Scrip Code 977017), 75,000 units (Scrip Code 976808), and 5,000 units (Scrip Code 975955)
  • All securities allotted on November 14, 2025 (one tranche shows November 14, 2024 which appears to be an error)
  • Interest payment frequency: Monthly for all securities
  • Credit rating: CRISIL A/STABLE (CRISIL A for one tranche)
  • All securities trade in dematerialized form only
  • Tick size: 1 paise
  • Market lot: 1 for all securities

Securities Details

Security 1 (Scrip Code 977017)

  • Scrip ID: 1030NFL27
  • ISIN: INE342T07635 (Further listings under same ISIN)
  • Face Value: ₹10,000
  • Issue Price: ₹10,000
  • Quantity: 175,000 units
  • Interest Rate: 10.30% p.a.
  • Redemption Date: September 30, 2027
  • Put/Call Option: NA

Security 2 (Scrip Code 976808)

  • Scrip ID: 1075NFL28
  • ISIN: INE342T07601 (Further listings under same ISIN)
  • Face Value: ₹10,000
  • Issue Price: ₹10,000
  • Quantity: 75,000 units
  • Interest Rate: 10.75% p.a.
  • Redemption Date: August 19, 2028
  • Put/Call Option: NA

Security 3 (Scrip Code 975955)

  • Scrip ID: 1050NFL27A
  • ISIN: INE342T07536 (Further listings under same ISIN)
  • Face Value: ₹100,000
  • Issue Price: ₹100,000
  • Quantity: 5,000 units
  • Interest Rate: 10.5% p.a.
  • Redemption Date: August 27, 2027
  • Put/Call Option: NA

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading members should refer to the Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 14, 2025
  • Listing Date: November 18, 2025
  • Redemption Dates:
    • August 27, 2027 (Scrip Code 975955)
    • September 30, 2027 (Scrip Code 977017)
    • August 19, 2028 (Scrip Code 976808)

Impact Assessment

This is a routine debt securities listing with limited market impact. The listing provides additional investment options in the debt market for institutional and eligible investors. The securities carry CRISIL A/STABLE rating indicating adequate safety with monthly interest payments. Impact is primarily limited to debt market participants and does not affect equity markets or general trading operations.

Impact Justification

Routine debt securities listing notification affecting only debt market participants and holders of Navi Finserv securities