The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE342T07163

Face value

₹10,00,000

Coupon rate

GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

31 Mar 2022

Maturity Date

31 May 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (INDIA Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

NAVI FINSERV LIMITED BR LOA 31MY25 FVRS10LAC
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 LTD has given WITHDRAWN rating to this Debenture on 17Feb22.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.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
Senior
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

GSEC LINKED

Returns

Linked to Markets

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE342T07163 issued by Navi Finserv Limited

The instrument name of INE342T07163 ISIN is NAVI FINSERV LIMITED BR LOA 31MY25 FVRS10LAC.
The interest earned from the INE342T07163 bond issued by Navi Finserv Limited is paid at the time of maturity
This INE342T07163 bond issued by Navi Finserv Limited has been assigned a credit rating of WITHDRAWN by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE342T07163 bond issued by Navi Finserv Limited is GSEC LINKED.
The INE342T07163 Debenture is issued by Navi Finserv Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow