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IndoStar Capital Finance raises Rs 350 crore through NCDs

15 May 2021 Evaluate

IndoStar Capital Finance has raised Rs 350 crore through Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) and allotted 3,500 NCDs having face value of Rs 10 lakh each, for cash, at par on private placement basis.

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.

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