Indostar Capital Finance has raised Rs 400 crore through the allotment of non-convertible debentures (NCDs) in two tranches on private placement basis.
The company has allotted 20,000 senior, secured, redeemable, rated, listed, taxable, NCDs having face value of Rs 1,00,000 each amounting upto Rs 200 crore; and 20,000 senior, secured, redeemable, rated, listed, taxable, NCDs having face value of Rs 1,00,000 each amounting upto Rs 200 crore. The Borrowing Committee of the company has approved the allotment of same on July 23, 2026.
Indostar Capital Finance operates four principal lines of business, namely corporate lending, SME lending, vehicle financing and housing financing.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 1039.50 |
| Shriram Finance | 1025.45 |
| Aditya Birla Capital | 392.70 |
| Chola Invest & Fin. | 1717.90 |
| Tata Capital | 341.30 |
| View more.. | |
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