Capital First has raised Rs 12 crore by issuing rated, listed, secured, non-convertible perpetual securities in the nature of debentures (NCDs), having face value of Rs 10 lakh each. The Debenture Committee constituted by the board of directors of the company at its meeting held on June 13, 2016 has approved for the same.
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.