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Navneet Education raises Rs 35 crore through Commercial Paper

16 Mar 2022 Evaluate

Navneet Education has raised Rs 35 crore through Commercial Paper (CP) and allotted 700 units of Commercial Paper of Rs 5 lakh each, at a yield of 4.35% p.a. Tenure of the security is 59 days. The aforesaid Commercial Paper is listed on NSE. The said Commercial Paper will be redeemed on May 13, 2022. 

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

Peers
Company Name CMP
D.B. Corp 143.10
Jagran Prakashan 62.10
HT Media 23.09
Navneet Education 126.00
S Chand And Company 126.15
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