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Stock Report
Capri Global Capital Ltd's Secured, Redeemable Non-Convertible Debentures issue gets Oversubscribed
Posted On : 2025-10-15 19:59:34( TIMEZONE : IST )
Capri Global Capital Limited ("Capri Loans") a non-banking financial company, has announced that its public issue of secured, rated, listed, redeemable non-convertible debentures has been oversubscribed. The issue opened on September 30, 2025, and closed on October 7, 2025. The issue has received good response from investors from all categories including institutional investors, non-institutional investors, high-net worth individuals and retail individual investors.
Mr. Rajesh Sharma, Managing Director, Capri Global Capital Limited said, "The over-subscription of our NCD issue demonstrates the investors' trust and confidence in our business model, expansion drive, corporate governance as well as risk management practices and the overall growth outlook. We have created a niche for us in the NBFC space with our established presence and strong execution capabilities. The capital infusion will further strengthen our focus to serve underbanked and underserved customers. While offering loan offerings and experiences, we will continue creating value for our stakeholders."
The NCD Issue offers with coupon rate of up to 9.70% per annum. The NCDs are listed on BSE Limited on October 15, 2025.
The NCD offers face value of ₹1,000 each for an amount of ₹2,000 million ("Base Issue Size") with an option to retain oversubscription up to an amount of ₹2,000 million ("Green Shoe Option") aggregating up to ₹4,000 million ("Issue").
The Lead Manager to the Issue is Trust Investment Advisors Private Limited.
At least 75% of the funds raised through the Issue will be used for the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company and the balance is proposed to be utilized for general corporate purposes, subject to such utilization not exceeding 25% of the amount raised and allotted in the Issue, in compliance with the Securities And Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
