MoneyWorks4Me

Capital First raises Rs 300 crore via NCD

06 Jan 2016 Evaluate

Capital First has raised Rs 300 crore through issue of non-convertible debentures (NCDs) on private placement basis. The Debenture Committee has approved allotment of 3,000 NCDs of face value Rs 10 lakh each. The NCDs will be listed on the wholesale debt segment on the NSE.

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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