Description

BSE announces listing of three series of Commercial Paper issued by Navi Finserv Limited on private placement basis with effect from November 24, 2025.

Summary

BSE has listed three new series of Commercial Paper issued by Navi Finserv Limited on private placement basis effective November 24, 2025. Total issuance comprises 700 units with face value of Rs. 5,00,000 each across three maturities in February 2026. All securities are rated IND A1+ and will trade in dematerialized form only with HDFC Bank Limited as Issuing and Paying Agent.

Key Points

  • Three series of Commercial Paper listed on BSE Debt segment
  • Series 1 (NFL211125): 300 units, ISIN INE342T14FA0, maturity February 20, 2026, issue price Rs. 488,908
  • Series 2 (NFL211125A): 200 units, ISIN INE342T14FC6, maturity February 18, 2026, issue price Rs. 489,088
  • Series 3 (NFL211125B): 200 units, ISIN INE342T14FB8, maturity February 23, 2026, issue price Rs. 488,673.50
  • All securities have face value and paid-up value of Rs. 5,00,000 each
  • Credit rating: IND A1+ for all three series
  • Allotment date: November 21, 2025
  • Market lot size: 1 unit
  • Trading only in dematerialized form

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 specified ISIN numbers
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • HDFC Bank Limited acts as Issuing and Paying Agent

Important Dates

  • Allotment Date: November 21, 2025
  • Listing Date: November 24, 2025
  • Redemption Dates:
    • NFL211125A: February 18, 2026
    • NFL211125: February 20, 2026
    • NFL211125B: February 23, 2026

Impact Assessment

Market Impact: Low - Routine commercial paper listing that expands debt market instruments available for trading.

Operational Impact: Minimal - Trading members can begin trading these instruments immediately on BSE Debt segment with standard trading protocols.

Investor Impact: Provides short-term investment options (approximately 90-day tenure) rated IND A1+ for debt market participants with minimum investment of Rs. 5 lakhs.

Security Details

Series 1 (NFL-20-2-26-CP)

  • Scrip Code: 730630
  • Scrip ID: NFL211125
  • ISIN: INE342T14FA0
  • Quantity: 300 units
  • Issue Price: Rs. 488,908
  • Redemption: February 20, 2026

Series 2 (NFL-18-2-26-CP)

  • Scrip Code: 730631
  • Scrip ID: NFL211125A
  • ISIN: INE342T14FC6
  • Quantity: 200 units
  • Issue Price: Rs. 489,088
  • Redemption: February 18, 2026

Series 3 (NFL-23-2-26-CP)

  • Scrip Code: 730633
  • Scrip ID: NFL211125B
  • ISIN: INE342T14FB8
  • Quantity: 200 units
  • Issue Price: Rs. 488,673.50
  • Redemption: February 23, 2026

Contact Information

For clarifications, trading members may contact BSE Debt Department at 22728352/8597/8995/5753/8915.

Impact Justification

Routine listing notification for commercial paper securities on private placement basis with standard trading terms