SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Satin Creditcare Network to raise Rs 250 crore through QIB

04 Oct 2016 Evaluate

Satin Creditcare Network (SCNL) has received an approval for allotment of 4,529,970 equity shares of face value of Rs 10 each to Qualified Institutional Buyers (QIB) at the issue price of Rs 551.88 per equity share, aggregating to Rs 250 crore. The working committee of the board of directors of the company at its meeting held on October 03, 2016, has approved for the same.

Satin Creditcare Network was formed as a Non-Banking Finance Company (NBFC) and has expanded and evolved into one of the leading microfinance institutions in India with its current geography in North as well as Central India.


Satin Creditcare Share Price

212.55 8.05 (3.94%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 461.00
REC 359.35
Indian Railway Fin. 106.05
NHIT 160.00
Satin Creditcare 212.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×