MoneyWorks4Me

Capital First raises Rs 300 crore via QIP

25 Mar 2015 Evaluate

Capital First has raised equity capital of Rs 300 crore through Qualified Institutional Placement (QIP). With this, the capital adequacy ratio of the company post the issue is at 23.5 per cent.

Capital First is an MSME and consumer financing company which provides debt financing to these segments and also offers home loans, two wheeler loans and durable loans to entry and mid-level salaried employees of corporates.

Peers
Company Name CMP
Bajaj Finance 1009.00
Shriram Finance 1006.00
Aditya Birla Capital 396.95
Tata Capital 341.00
Chola Invest & Fin. 1761.00
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