Mangal Credit and Fincorp has raised Rs 30 crore through allotment of 3,000 fully paid, senior, secured, rated, listed, redeemable, taxable non-convertible debentures (NCDs), each having a face value of Rs 1,00,000 at an issue price of Rs 98,000, i.e., at a discount of Rs 2,000 per debenture on Private Placement basis. Maturity of the said NCDs will be on September 23, 2028.
Mangal Credit and Fincorp is a listed non-banking financial services company offering gold loans, personal loans and SME loans.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 934.80 |
| Shriram Finance | 1044.65 |
| Aditya Birla Capital | 350.80 |
| Chola Invest & Fin. | 1565.00 |
| Tata Capital | 338.00 |
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