Satin Creditcare Network planning to raise Rs 50 crore via NCDs

Satin Creditcare Network Ltd. | Finance Term Lending | BFSI | BSE: 539404 | NSE: SATIN

21 Mar 2020 Evaluate

Satin Creditcare Network is planning to raise Rs 50.05 crore by the issuance of Non-Convertible Debentures (NCDs) through Private Placement. The meeting of Working Committee of the Board of Directors of the company is scheduled to be held on March 24, 2020, to consider the same.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.

Peers

Company Name	CMP
Power Finance Corpn.	346.00
REC	311.40
NHIT	171.00
Satin Creditcare Net	219.70
IFCI	76.57
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.