Navi Finserv Limited - A Rated (INE342T07163)

Navi Finserv Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE342T07163, with a face value of ₹10,00,000 rs on 31Mar22 to raise 30 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid on Maturity. The returns are Taxable null. As per the filings, the long description of this Secured Debenture is GSEC LINKED SECURED RATED UNLISTED MARKET LINKED PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURE.2025LETTER OF ALLOTMENT.DATE OF MATURITY 31/05/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD A rating to this Debenture on 17Feb22. This issuer is formerly known as NAVI FINSERV PRIVATE LIMITED, CHAITANYA RURAL INTERMEDIATION DEVELOPMENT SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.