Description

BSE announces listing of 600 commercial papers of Navi Finserv Limited worth Rs. 5 lakh each, issued on private placement basis with CARE A1 rating.

Summary

BSE has listed new commercial papers issued by Navi Finserv Limited on private placement basis, effective December 1, 2025. The instrument comprises 600 commercial papers with a face value of Rs. 5,00,000 each, carrying a CARE A1 credit rating. The securities are admitted to dealings on the BSE Debt segment and will be traded exclusively in dematerialized form.

Key Points

  • Quantity: 600 commercial papers
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,77,305 per unit
  • Scrip Code: 730669
  • Scrip ID: NFL281125
  • ISIN Number: INE342T14FE2
  • Credit Rating: CARE A1
  • Market Lot: 1
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

No regulatory changes. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE342T14FE2
  • Trading shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members should contact debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Listing Date: December 1, 2025
  • Allotment Date: November 28, 2025
  • Redemption Date: May 25, 2026
  • Notice Date: December 1, 2025

Impact Assessment

Low market impact. This is a routine commercial paper listing involving a limited issuance of 600 units totaling approximately Rs. 30 crores. The securities are rated CARE A1 and issued on private placement basis with a tenure of approximately 6 months. The listing provides short-term funding options for Navi Finserv Limited and offers institutional investors another CARE A1-rated debt instrument in the BSE Debt segment.

Impact Justification

Routine commercial paper listing with standard terms, limited to 600 units with CARE A1 rating, minimal market-wide impact