NCD News of Navi Finserv NCD May 2022

Navi Finserv Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹1000 each, for an amount of ₹300.00 Crores ('Base Issue Size') with an option to retain oversubscription up to ₹300.00 Crores.

Incorporated in 2012, Navi Finserv Limited is engaged in the business of providing Financial Services. The company offers services for Digital Personal Loans, Housing Loans and loans against Property. Navi Finserv Limited is a non-deposit taking NBFC registered with RBI and is a wholly owned subsidiary of Navi Technologies Limited. Navi Finserv Limited was previously known as Chaitanya Rural Intermediation Development Services Private Limited.

Allotment of the NCD's will be done on First Come First Serve Basis.

Navi Finserv NCD May 2022 is rated IND A/ Stable by India Ratings & Research Pvt Ltd.

The issue opens on May 23, 2022 and closes for subscription on Jun 2, 2022. The shares of the company to be list at BSE, NSE.

The public issue of Navi Finserv Limited opens on May 23, 2022 and closes for subscription on Jun 2, 2022.

The Navi Finserv NCD May 2022 are proposed to list at BSE, NSE.

Allotment of the NCD's will be done on First Come First Serve Basis.