Description

BSE announces listing of three series of Commercial Papers issued by Navi Finserv Limited on private placement basis, effective November 24, 2025.

Summary

BSE has listed three series of Commercial Papers issued by Navi Finserv Limited on private placement basis on the BSE Debt segment, effective November 24, 2025. The instruments have face values of Rs. 5,00,000 each with varying redemption dates in February 2026. HDFC Bank Limited serves as the Issuing and Paying Agent for all three instruments.

Key Points

  • Three Commercial Paper series listed with total quantity of 700 units (300 + 200 + 200)
  • All instruments have face value of Rs. 5,00,000 each
  • Credit rating: IND A1+ for all three series
  • Trading in dematerialized form only with standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • Market lot: 1 unit for all series
  • Date of allotment: November 21, 2025

Instrument Details

Series 1 (Scrip Code: 730630)

  • ISIN: INE342T14FA0
  • Quantity: 300 units
  • Issue Price: Rs. 488,908.00
  • Redemption Date: February 20, 2026
  • Detail Name: NFL-20-2-26-CP

Series 2 (Scrip Code: 730631)

  • ISIN: INE342T14FC6
  • Quantity: 200 units
  • Issue Price: Rs. 489,088.00
  • Redemption Date: February 18, 2026
  • Detail Name: NFL-18-2-26-CP

Series 3 (Scrip Code: 730633)

  • ISIN: INE342T14FB8
  • Quantity: 200 units
  • Issue Price: Rs. 488,673.50
  • Redemption Date: February 23, 2026
  • Detail Name: NFL-23-2-26-CP

Regulatory Changes

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

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
  • Tick size of 1 paise must be observed for all transactions

Important Dates

  • Allotment Date: November 21, 2025
  • Listing Date: November 24, 2025
  • Redemption Dates:
    • Series 1: February 20, 2026
    • Series 2: February 18, 2026
    • Series 3: February 23, 2026

Impact Assessment

This is a routine listing announcement with minimal market impact. The listing of Commercial Papers on private placement basis is a standard operational activity that provides short-term funding options for Navi Finserv Limited. The instruments are limited to institutional investors given the high denomination requirement of Rs. 5 lakhs. Trading members can now facilitate transactions in these debt instruments on the BSE Debt segment.

Impact Justification

Routine listing announcement for commercial paper instruments on private placement basis with no market-wide impact