NAVI FINSERV LIMITED

Feb, 26th | Mar, 07th 2024

Public Issue Of Secured, Listed, Redeemable NCD

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Navi Finserv Limited

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Base Issue Size of Rs 300Crores with an Green Shoe Option of Rs 300 crores Aggregating to Rs 600 Crores

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A/ Stable by CRISIL Ratings Limited

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Rs. 10,000 (10 NCDs) collectively across all the Options and in multiples of Rs. 1,000 (1 NCD) thereafter

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Mode Of Allotment:Demat Form Only

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Face Value of Bond:₹ 1,000

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The NCDs shall be listed on NSE and BSE.

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Mode Of Application : ASBA and UPI

Category Wise Issue Allocation for Secured NCD: -

Category I
QIB’s
Category II-
Corporate’s
Category III-
HNI’s
Category IV-
Retail Individual
20% 25% 25% 30%

*On first come first serve basis to be determined on the basis of the bid uploads made with the scheduled Stock Exchanges.

Final Terms of the Issue:

Terms and conditions in connection with Secured NCDs****Options I* II III IV V
Frequency of Interest Payment Monthly Monthly Annually Monthly Annually
Tenor from Deemed Date of Allotment 18 Months 27 Months 27 Months 36 Months 36 Months
Coupon Rate for all Investor categories 10.00% 10.40%
10.90% 10.65% 11.19%
Effective Yield (%) (per annum) 10.47% 10.91% 10.94% 11.19% 11.19%
Mode of Interest Payment Through various options available
Redemption Amount (Rs / NCD) Rs 1,000.00 Rs 1,000.00 Rs 1,000.00 Rs 1,000.00 Rs 1,000.00
Put and Call Option Not Applicable
Termsheet Click Here

*Company shall allocate and allot Series I NCDs (Monthly option) wherein the Applicant s have not indicated the choice of the relevant NCD Series

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How to Open Demat Online with GEPL Capital

Step 1: Enter OTP received on the registered Mobile Number.

Step 2: Fill Date of Birth, PAN details, Email Address and Bank Account Details.

Step 3: Details of your demat account are sent to you on your registered mail address.

Contact Us

place

Address

D-21, Dhanraj Mahal, CSM Marg, Colaba, Mumbai-400001