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Indostar Capital Finance gains on raising Rs 150 crore via NCDs

26 Feb 2019 Evaluate

Indostar Capital Finance is currently trading at Rs. 346.05, up by 1.50 points or 0.44% from its previous closing of Rs. 344.55 on the BSE.

The scrip opened at Rs. 344.55 and has touched a high and low of Rs. 355.00 and Rs. 335.65 respectively. So far 1182 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 606.60 on 24-May-2018 and a 52 week low of Rs. 275.00 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 355.00 and Rs. 317.70 respectively. The current market cap of the company is Rs. 3210.56 crore.

The promoters holding in the company stood at 60.29%, while Institutions and Non-Institutions held 22.23% and 17.48% respectively.

Indostar Capital Finance has raised Rs 150 crore through allotment of 1,500 Series XXXIII Tranche A Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of Face Value of Rs 10 lakh each, for cash at par, on Private Placement Basis.

The Debenture Committee of the Board of Directors of the Company at its meeting held on February 25, 2019 has approved the same.

IndoStar Capital Finance is a non-banking finance company ‘NBFC’ registered with the Reserve Bank of India as a systemically important non-deposit taking company.


Indostar Capital Fin Share Price

214.70 -5.05 (-2.30%)
20-Apr-2026 16:59 View Price Chart
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