Capital First has raised Rs 100 crore by issue of Non-Convertible Debentures (NCDs) on private placement basis. The Debenture Committee of the company at its meeting held on June 7, 2018, has approved the allotment of 1000 Rated, Listed, Unsecured, Redeemable, NCDs having face value of Rs 10 lakh each. The said NCDs shall be listed on National Stock Exchange of India.
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.
