BSE Debt Segment: Navi Finserv Limited Issues Commercial Papers

Strategic Insights -

Navi Finserv Limited has launched two commercial papers through private placement, which have been listed on the BSE Debt segment. The papers are denoted by Scrip Codes 730404 and 730405. These commercial papers have been assigned ISIN numbers INE342T14ER7 and INE342T14EP1, respectively. They have been rated IND A1+ by the credit rating agency. The face value of each paper is Rs. 5,00,000, and the issue price is Rs. 488,438 and Rs. 488,015.50 for the first and second papers, respectively.

Key Takeaways:

  • Two commercial papers, NFL-14-01-26-CP and NFL-15-01-26-CP, issued by Navi Finserv Limited on private placement basis, have been listed on the BSE Debt segment.
  • The papers have Scrip Codes 730404 and 730405 and ISIN numbers INE342T14ER7 and INE342T14EP1, respectively.
  • The face value of each paper is Rs. 5,00,000, and the issue price is Rs. 488,438 and Rs. 488,015.50 for the first and second papers, respectively.
  • The actual/deemed date of allotment for both papers is October 16, 2025, while the date of redemption is January 14, 2026, and January 15, 2026, respectively.
  • HDFC Bank Limited is the issuing and paying agent for both papers.
  • The commercial papers will be traded in dematerialized form and in standard denominations of Rs. 5 Lakhs and multiples thereof.
  • The tick size for the securities is 1 paise.
  • BSE debt segment has 1, flagging its significant role in the financial market.

Statistics:

  • Total quantity of the first paper is 640, and the second paper is 1453.
  • Market lot for both papers is 1.
  • Face value of each paper is Rs. 5,00,000.
  • Issue price for NFL-14-01-26-CP is Rs. 488,438, and for NFL-15-01-26-CP is Rs. 488,015.50.
  • Actual/deemed date of allotment for both papers is October 16, 2025.
  • Date of redemption for NFL-14-01-26-CP is January 14, 2026, and for NFL-15-01-26-CP is January 15, 2026.
  • Number of ISIN numbers assigned to the commercial papers is 2.

Sources:

  • BSE (Bombay Stock Exchange) notice.