CreditAccess Grameen has received approval for the Public Issue of Secured Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 1,000 each for an amount of Rs 400 crore (Base Issue Size) with a Green Shoe Option of up to Rs 600 crore, amounting to Rs 1,000 crore (Tranche II Issue Limit) (Tranche II Issue) which is within the shelf limit of Rs 1,500 crore (Shelf Limit). The Executive, Borrowings and Investment Committee of the Board of Directors of the Company in its meeting held on August 18, 2023, has considered and approved the same.
CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: