MoneyWorks4Me

Capital First gets nod to raise funds on private placement basis

19 May 2017 Evaluate

Capital First has received an approval for issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 100 crore plus Green Shoe Option of Rs 300 crore on private placement basis. The Debenture Committee constituted by the Board of Directors of the Company at its meeting held on May 19, 2017 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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