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Navneet Education raises Rs 50 crore via CP

05 Mar 2020 Evaluate

Navneet Education has raised Rs 50 crore and allotted 1000 units of Commercial Paper (CP) of Rs 5,00,000 each, at a discount rate of 5.95% p.a. The issue date of CPs is March 04, 2020, while redemption date is May 04, 2020.

Navneet Education is engaged in publishing educational and children books and stationary products.



Peers
Company Name CMP
D.B. Corp 147.15
Jagran Prakashan 59.86
HT Media 21.38
Navneet Education 120.50
S Chand And Company 129.95
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