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IndoStar Capital Finance raises Rs 75 crore through NCDs

04 Jun 2021 Evaluate

IndoStar Capital Finance has raised Rs 75 crore through Series XLIII AA- Rated Unsecured, Listed, Redeemable, Non-Convertible, Debentures (NCDs) and allotted 750 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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