MoneyWorks4Me

Capital First gets nod to raise funds through NCDs

22 Mar 2018 Evaluate

Capital First has received an approval to issue Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 75 crore plus Green Shoe Option of Rs 75 crore on private placement basis. The Debenture Committee at its meeting held on March 22, 2018, approved 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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