Supra Pacific Financial Services approves ₹20 Crore NCD Issuance via Private Placement

Supra Pacific Financial Services Limited (Scrip: 540168) has officially announced the outcomes of its Board of Directors meeting held on Saturday, June 6, 2026. The meeting, which commenced at 10:30 a.m. and concluded at 12:30 p.m., covered a review of the company's business operations and future prospects, the formal adoption of previous meeting minutes, and a major funding decision.

The highlight of the meeting was the Board's consideration, discussion, and approval for the issue of secured, unrated, and unlisted Non-Convertible Debentures (NCDs). This fundraising initiative will be executed on a private placement basis, specifically capped under a category targeting a maximum subscription of less than ₹1 crore per individual investor.

Key Details of the NCD Offering

Issue Size: Supra Pacific will issue 2,00,000 Non-Convertible Debentures, aggregating to a total value of Rs. 20,00,00,000 (₹20 Crore).

Listing Status: The NCDs are unlisted and there is no proposal to list them on any stock exchange.

Allotment Timeline: The definitive date of allotment for these instruments is set to take place before July 31, 2026.

Collateral and Security: The NCDs are secured, backed by a charge created specifically over the Current Assets of the company.

Special Privileges: There are no special rights, privileges, or interests attached to these instruments. Furthermore, the company reported no delays or defaults in payments, nor any cancellations regarding this proposal.

Tenure, Interest Rates, and Payout Schedules

The company has designed a highly flexible tenure system ranging from 13 to 70 months, offering distinct interest structures that feature premium rates for women and senior citizens.

13-Month Tenure

Monthly Payout: 11.00% interest rate (11.25% for women and senior citizens), paid out every month from the allotment date until maturity.

Yearly Payout: 11.25% interest rate (11.50% for women and senior citizens), paid out annually.

Principal Redemption: Paid in full at the end of the 13 months.

24-Month Tenure

Monthly Payout: 11.60% interest rate (11.75% for women and senior citizens), paid out every month.

Yearly Payout: 11.75% interest rate for all investors, paid out annually.

Principal Redemption: Paid in full at the end of the 24 months.

36-Month Tenure

Monthly Payout: 11.75% interest rate (12.00% for women and senior citizens), paid out every month.

Yearly Payout: 12.00% interest rate for all investors, paid out annually.

Principal Redemption: Paid in full at the end of the 36 months.

60-Month Tenure

Monthly Payout: 12.00% interest rate (12.25% for women and senior citizens), paid out every month.

Yearly Payout: 12.25% interest rate (12.50% for women and senior citizens), paid out annually.

Principal Redemption: Paid in full at the end of the 60 months.

70-Month Cumulative Scheme

Returns: Features a peak interest rate of 12.60% under a cumulative growth structure.

Payout & Redemption: Both the accumulated interest and the principal amount will be paid collectively at the exact end of the 70-month maturity period.

Shares of Supra Pacific Financial Services Ltd was last trading in BSE at Rs. 31.81 as compared to the previous close of Rs. 31.84. The total number of shares traded during the day was 64625 in over 402 trades.

The stock hit an intraday high of Rs. 33.49 and intraday low of 30.80. The net turnover during the day was Rs. 2045348.00.

Source : Equity Bulls

Keywords

SupraPacificFinancialServices INE268T01015 NBFC FundRaising NCDs