Navi Finserv Limited Lists New Securities on BSE Debt Segment
Navi Finserv Limited has announced the listing of its new commercial paper securities on the Bombay Stock Exchange (BSE) Debt segment. Two new securities, NFL-10-12-25-CP and NFL-8-12-25-CP, have been issued on a private placement basis and will be traded in dematerialized form. The securities will be traded in standard denominations of Rs.5 Lakhs and multiples thereof, with a tick size of 1 paise.
Key Takeaways:
- Navi Finserv Limited has listed two new commercial paper securities, NFL-10-12-25-CP and NFL-8-12-25-CP, on the BSE Debt segment.
- The securities were issued on a private placement basis and have a face value of Rs.500,000 each.
- The securities will be traded in dematerialized form and will be available in standard denominations of Rs.5 Lakhs and multiples thereof.
- The tick size for the securities is 1 paise.
- The issuing and paying agent for the securities is HDFC Bank Limited.
Statistics:
- Rs.100,00,000 (Rs.100 million) in aggregated value is the total value of the listed securities.
- 200 units each of NFL-10-12-25-CP and NFL-8-12-25-CP have been issued, with each unit valued at Rs.5,00,000 (Rs.500,000).
- The actual/deemed date of allotment for the securities is October 9, 2025.
- The date of redemption for NFL-10-12-25-CP is December 10, 2025, and for NFL-8-12-25-CP is December 8, 2025.
- The issue price for NFL-10-12-25-CP is Rs.488,669.50, while for NFL-8-12-25-CP, it is Rs.488,913.00.
Sources:
- BSE (Bombay Stock Exchange) notice dated [no date specified] (Source: Mumbai BSE Press Release)