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Capri Global Capital Ltd's Secured, Redeemable NCDs - Tranche I Issue Oversubscribed and Successfully Closed
Posted On : 2026-05-09 22:02:29( TIMEZONE : IST )
Capri Global Capital Limited ("Company") has announced that its TrancheI public issue of secured, rated, listed, redeemable non-convertible debentures has been oversubscribed and successfully closed*. The issue received an overwhelming response from investors across all categories, including institutional investors, non-institutional investors, high-net- worth individuals, and retail individual investors. The QIB and Corporate Category investors have responded to the issue with subscription of over 2x and 1.14x of their earmarked amount in the issue.
Mr. Rajesh Sharma, Managing Director, Capri Global Capital Limited said, "The oversubscription of our Tranche I NCD issue is a strong testament to the trust and confidence that investors place in our business model, robust execution capabilities, prudent risk management, and sound corporate governance. This being the 2nd successful Public NCD issuance, it gives us greater flexibility in fundraising that helps us effectively reach the underbanked and underserved customers across Bharat. The issue has also helped us expand our reach among retail bondholders and further strengthen our investor franchise. This fund raise will further strengthen our balance sheet and enable us to deepen our outreach and continue creating long-term value for all our stakeholders."
The Base Issue size was ₹1,000 million with a Green Shoe Option of ₹4,000 million, aggregating upto ₹5,000 million ("Tranche I Issue"). The Tranche I Issue opened on Wednesday, April 15, 2026, and closed on Tuesday, April 28, 2026.
The Tranche I NCD Issue offered investors multiple tenure options of 24 months, 36 months, 60 months and 120 months, with monthly and annual interest payout choices, and coupon rates of upto 9.50% per annum. At least 75% of the funds raised through the Issue will be used for the purposeof onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company. The balance is proposed to be utilised for general corporate purposes, subject to such utilisation not exceeding 25% of the amount raised, in compliance with the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
