MoneyWorks4Me

TruCap Finance raises Rs 35 crore through NCDs

10 Nov 2023 Evaluate

TruCap Finance has raised Rs 35 crore through the allotment of Unlisted, Unrated, Secured and Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 1,00,00,000 each on private placement basis. The Finance Committee of the Company has on November 09, 2023 approved allotment of the same.  

TruCap Finance (formerly known as Dhanvarsha Finvest)  is a listed, non-deposit taking RBI Registered NBFC. It is a specialized MSME lender solving the gap in providing access to affordable credit solutions to entrepreneurs.


Peers
Company Name CMP
Power Finance Corpn. 338.70
REC 311.80
NHIT 171.00
Satin Creditcare Net 237.25
IFCI 73.94
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