Capital First has received an approval to raise funds worth Rs 50 crore through issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) with a Green Shoe option of Rs 50 crore on private placement basis. The date of allotment is July 10, 2018 with a tenure of 3 years and has a maturity is July 09, 2021. The meeting of the Debenture Committee of the company held on July 09, 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.
