Capri Global Capital Launches ₹500 Crore NCD Issue, Stock Rises 2%
Capri Global Capital share price gains 2% on announcing ₹500 crore NCD issue; check details
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Capri Global Capital's share price increased by approximately 2% following the announcement of a ₹500 crore (roughly $60 million USD) non-convertible debenture (NCD) issue offering returns of up to 9.5%. The NCDs will be available for subscription from April 15 to April 28, 2026.
- 01Capri Global Capital's share price rose nearly 2% after announcing a ₹500 crore NCD issue.
- 02The NCDs offer coupon rates ranging from 8.80% to 9.50% per annum.
- 03Funds raised will primarily support lending and repayment of existing borrowings.
- 04The stock is currently 15% below its 52-week high of ₹213.85.
- 05Capri Global Capital has a diversified lending portfolio, focusing on retail customers.
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Capri Global Capital's share price increased by about 2% on April 10, 2026, following the announcement of a ₹500 crore (approximately $60 million USD) non-convertible debenture (NCD) issue. The NCDs, which will be available for subscription from April 15 to April 28, 2026, offer coupon rates between 8.80% and 9.50% per annum, with effective yields reaching 9.49%. The company plans to utilize at least 75% of the funds for lending and repayment of existing debts, while the remaining 25% will be allocated for general corporate purposes. Capri Global Capital, a retail-focused non-banking financial company (NBFC), has a diverse portfolio that includes MSME loans, housing finance, and gold loans. Despite the recent stock rise, shares remain 15% below their 52-week high of ₹213.85, reached in October 2025.
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This NCD issue may provide investors with a stable return option while supporting Capri Global Capital's lending activities, potentially benefiting underserved customers.
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