MoneyWorks4Me

Capital First gets nod to raise funds through NCDs

06 Jun 2018 Evaluate

Capital First has received an approval to raise funds through issuance of Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 50,00,00,000 plus Green Shoe Option of Rs 50,00,00,000 on private placement basis. The date of allotment is June 07, 2018.

The Debenture Committee at its meeting held on June 06, 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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