IndoStar Capital Finance gets nod to raise Rs 500 crore via NCDs

Indostar Capital Finance Ltd. | Finance - NBFC | BFSI | BSE: 541336 | NSE: INDOSTAR

08 Jan 2024 Evaluate

IndoStar Capital Finance has received approval for the issuance of listed, rated, secured, redeemable, non- convertible debentures (NCDs) in one or more series/tranches including the option of over-subscription (Greenshoe option) aggregating up to Rs 500 crore by way of public issue. The Board of Directors of the company at its meeting held on January 8, 2024, approved the same.

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.

Peers

Company Name	CMP
Bajaj Finance	983.15
Shriram Finance	991.50
Aditya Birla Capital	389.85
Tata Capital	336.40
Chola Invest & Fin.	1682.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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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.