MoneyWorks4Me

Capital First gets nod to raise up to Rs 300 crore

29 Dec 2016 Evaluate

Capital First has received an approval for raising of up to Rs 300 crore through issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) on private placement basis. The debenture committee constituted by the Board of Directors of the Company at its meeting held on December 29, 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.

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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