Incorporated in 2022, Navi Finserv Limited (“NAVI”) with its systematic and focused approach strives to meet the borrowing needs of 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. Navi Finserv strongly believes that financial products will help in the empowerment and capacity building of middle-income families. They operate a mobile-first, an app-only model for personal loans and home loans through the Navi App.
Navi Finserv NCD July 2023 Issue Details
| NCD Issue Open | July 10, 2023 |
| NCD Issue Close | July 13, 2023 |
| NCD Issue Size | Base: 250 Cr. | Shelf: 500 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 11.02% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE, NSE Platform |
| Credit Rating | IND A/ Stable by India Ratings & CRISIL A/Stable by CRISIL |
| Tenor | 18, 27, and 36 months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Navi Finserv NCD July 2023 Promoters
- Navi Technologies Limited
How to Apply Navi Finserv NCD July 2023 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 July 2023 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 18 Month | Month | 9.75% | 10.18% |
| 2 | 27 Month | Month | 10.25% | 10.73% |
| 3 | 27 Month | Annual | 10.75% | 10.78% |
| 4 | 36 Month | Month | 10.50% | 11.01% |
| 5 | 36 Month | Annual | 11.02% | 11.01% |
Navi Finserv NCD July 2023 Lead Manager
- Jm Financial Limited
Navi Finserv NCD July 2023 Allotment Status
- Navi Finserv NCD issue allotment available on Linkintime.
Navi Finserv NCD July 2023 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]
Website: https://linkintime.co.in/mipo/ipoallotment.html
Company Information
Navi Finserv Limited
Second Floor, Vaishnavi Tech Square,
Iballur Village, Begur Hobli,
Bengaluru – 560 102
Phone: 080 45113400
Email: [email protected]
Website: http://www.navi.com/finserv
Navi Finserv NCD July 2023 FAQs:
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2 Responses
How to apply link sir
The date is over now! You can apply via ASBA from your bank.