NAVI FINSERV LIMITED

Issue Size (Net)

upto to Rs.500 Crore

Credit Ratings

IND A/Stable” & CRISIL A/ Stable by India Ratings & CRISIL

Issue Opening Date

JULY 10, 2023

Issue Closing Date

JULY 21, 2023

ROI Chart Term Sheet Company Highlights Financials Highlights Prospectus

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V
Frequency of Interest Payment	Monthly	Monthly	Annual	Monthly	Annual
Tenor	18 Months	27 Months	27 Months	36 Months	36 Months
Coupon (per annum)	9.75%	10.25%	10.75%	10.50%	11.02%
Effective Yield (per annum)	10.18%	10.73%	10.78%	10.5%	11.02%
"Amount (Rs. / NCD) on Maturity for Category I II & III IV"	Rs. 1000	Rs. 1000	Rs.1000	Rs. 1000	Rs.1000
Put/Call Option	NA

1.Company Information

Incorporated in 2012, Navi Finserv Limited is engaged in the business of providing Financial Services. The company offers services such as Digital Personal Loans, Housing Loans and Loans Against Property through its mobile application Navi app. 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.

The company operate a mobile-first, app-only model for personal loans and home loans through the Navi App.

Navi Finserv Limited has approved personal loans to customers across 84% of all Indian pin codes and as of December 31, 2021, the company had disbursed home loans across 8 cities in India.

2. Ratings

IND A/Stable” & CRISIL A/ Stable by India Ratings & CRISIL

3.Navi Finserv NCD Registrar

Link Intime India Private Ltd

C 101, 247 Park, L.B.S.Marg,

Vikhroli (West), Mumbai - 400083

Phone:+91-22-4918 6270

Navi Finserv Limited Financial Information (Consolidated)

Total Assets	Total Revenue	Profit After Tax
37959.66	33210.77	36852.38
3188.92	3367.36	752.27
-625.89	975.42	97.16

Issuer	NAVI FINSERV LIMITED
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	Monday, 10 July,2023
Issue Closes on	Friday, 21 July,2023
Issue Size	Rs. 250 Crore with an option to retain oversubscription up to Rs. 250 Crore aggregating upto to Rs.500 Crore
Issue Price / Face Value	Rs.1,000/- per NCD
Minimum Application	Rs.10,000/- (10 NCD) and in multiples of Rs.1,000/- (1 NCD) thereafter.
Credit Rating	IND A/Stable” & CRISIL A/ Stable by India Ratings & CRISIL
Registrar	Link Intime India Private Ltd
Listing	The NCDs are proposed to be listed on BSE and NSE
Category	I - Institutional	II - Non-Institutional	III -HNI	IV-Retail
Category Allocation	20%	20%	30%	30%
Put/Call Option	N.A.
Mode of Allotment	Compulsorily in dematerialized form.
Allotment	First Come First Serve Basis.
Depositories	NSDL and CDSL

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V
Frequency of Interest Payment	Monthly	Monthly	Annual	Monthly	Annual
Minimum Application	Rs.10,000/- (10 NCD)
Face Value/ Issue Price	Rs. 1,000
In Multiples of thereafter (Rs.)	Rs.1,000 (1 NCD)
Tenor	18 Months	27 Months	27 Months	36 Months	36 Months
Coupon (per annum)	9.75%	10.25%	10.75%	10.50%	11.02%
Effective Yield (per annum)	10.18%	10.73%	10.78%	10.5%	11.02%
"Amount (Rs. / NCD) on Maturity for Category I II & III IV"	Rs. 1000	Rs. 1000	Rs.1000	Rs. 1000	Rs.1000
Put/Call Option	NA

Prospectus File

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