Navi Finserv Limited - INE342T07460

Other Financial Institutions

corporate

Coupon Rate
10.65%
Maturity Date
13 Mar 2027
ISIN
INE342T07460copy
Face Value
₹1,000
About Issue
This A rated bond from Navi Finserv Limited, a corporate, offers a Fixed coupon of 10.65% with maturity on 13 March 2027. Issued through the Public offer as under ISIN INE342T07460, with a solid investment-grade rating, this bond offers an attractive opportunity for investors willing to accept moderate credit risk in exchange for higher yields. An ideal pick for investors aiming to boost portfolio returns, while staying within the boundaries of credible credit quality in the NBFC space.
Key Attributes
Rating
CRISIL A (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
13 Mar 2024
Remaining Tenure
20M
Security Name
NAVI FINSERV LIMITED SR IV 10.65 NCD 13MR27 FVRS1000
Risk Assessment
Credit Rating
Rating
CRISIL A (Stable)
Date of Rating
11 Dec 2024
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