9.50% NAVI FINSERV LIMITED 2023

Information Memorandum (I.M.)
INE342T07197
*(Eligible Investors - Individual,HUF,Corporate,Trust,Minor ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
INDIA RATING A Stable - -

Issuer's Type

NBFC

About Issuer :

Navi Finserv with its systematic and focused approach strives to meet the borrowing needs of the middle income families, and aims to be a Pan India Financial Services Company and provide the full spectrum of financial services, by developing various types of financial products.

Issuer's Link

https://www.navifinserv.com/

Issuer's Financial Link

https://www.navifinserv.com/annual-report/


A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)

Face Value

1,000.00

Coupon Rate

9.5000% (Fix)

Issue Date

08/Jun/2022

Maturity Date

08/Dec/2023

Remaining Period

1y 2m 4d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Annual

Issue Size (in Crores)

86.81

Max. Available Quantity

2000

TDS on Interest

No

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

No

Security

Secured


Remarks

Please Consider The Risk Before Investing.