Navi Finserv NCD February 2024 – Effective Yield 11.19% p.a.

Navi Finserv Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on February 26, 2024. Navi Finserv will offer 11.19% interest rates on the NCDs. Navi Finserv NCD has a rating of CRISIL A/Stable by CRISIL.. The NCDs tenure is for 18, 27 and 36 months. Check out Navi Finserv NCD 2024 details here.

Navi Finserv NCD

Table of Contents

Zenith Drugs is a pharmaceutical manufacturing and trading company based out of Indore. They have a manufacturing unit, dedicated to ensuring the highest quality standards when it comes to manufacturing medicines. They are specialized in manufacturing high-quality and affordable Medicines to support their patients in need. The Company is also into Generic Medicines and Generic Medicines are cost effective. Since its inception, the company has focused on building a strong foundation and laying the groundwork for its future growth and success. With dedication and strategic planning, they managed to establish a reputable presence in the pharmaceutical industry.

The Company was incorporated with the objective of better service deliverance in the field of medicine and being a better premium pharmaceutical company in India and abroad for cost-effective human medicine. The Company always emphasizes core strengths and policies that focus on technology and great deliverance. With a passion for setting high standards of services, the company has always taken all measures to scale up as and when required only to deliver the best. They work diligently and have a wide range of products to cater to every need and to reach the client’s sensitivity and centricity.

They are proud to be WHO-GMP compliant, adhering to the stringent guidelines set by the World Health Organization. Their commitment to quality is further demonstrated by their ISO 9001:2015 certification, obtained from a respected EuroUK certification body. Zenith offers a wide range of formulations in various forms such as ORS Powder, Liquid Orals, Ointments, Liquid Externals, and Capsules.

Navi Finserv NCD February 2024 Details

NCD Issue OpenFebruary 26, 2024
NCD Issue CloseMarch 7, 2024
NCD Issue SizeBase: 300 Cr. | Shelf: 600 Cr.
Price Band₹1,000 per NCD
Interest RateUp to 11.19% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE, NSE Platform
Credit RatingCRISIL A/Stable by CRISIL.
Tenor18, 27 and 36 months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Navi Finserv NCD February 2024 Promoters

  • The Company has no identifiable promoters and is a professionally managed company.

How to Apply Navi Finserv NCD February 2024 Issue?

You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.

Navi Finserv NCD Review

  • May Apply

Navi Finserv NCD February 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
118 MonthMonth10.00%10.47%
227 MonthMonth10.40%10.91%
327 MonthAnnual.10.90%10.94%
436 MonthMonth10.65%11.19%
536 MonthAnnual.11.19%11.19%

Navi Finserv NCD Allocation Ratio


Navi Finserv NCD February 2024 Lead Manager

  • Jm Financial Limited

Navi Finserv NCD February 2024 Allotment Status

  • Navi Finserv NCD issue allotment available on LinkIntime.

Navi Finserv NCD February 2024 Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]

Company Information

Navi Finserv Limited
Second Floor, Vaishnavi Tech Square,
Iballur Village, BegurHobli,
Bengaluru, Karnataka – 560 102
Phone: 080 45113400
Email: [email protected]

Navi Finserv NCD February 2024 FAQs:

When is Navi Finserv NCD Open?

Navi Finserv NCD is to open on February 26 and close on March 7, 2024.

What is Navi Finserv NCD Price?

The company has fixed the price at ₹1,000 per NCD.

What is Navi Finserv NCD Issue Size?

The NCD issue size is ₹600 crores.

On Which platform the Navi Finserv NCD will list?

Navi Finserv NCD will list on BSE and NSE Platforms.

How to apply for Navi Finserv NCD?

You can apply from your existing Demat account online and offline.
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