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Reliance Capital raises Rs 30 crore through NCDs

26 Apr 2018 Evaluate

Reliance Capital has raised Rs 30 crore through Non-Convertible Debentures (NCDs). The company has issued NCDs with an option to retain oversubscription aggregating to Rs 10 crore. The issue proposed to be listed on BSE.

The deemed date of allotment is April 25, 2018, with a tenure of 1461 days and the date of maturity is April 25, 2022.

Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies. It has interests in asset management and mutual funds; life, health and general insurance; commercial and home finance; stock broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.

Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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