/ Capital First To Raise 500 Crore Through Debenture Issue ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 17 January 2017


Capital First Ltd., has informed the Bombay Stock Exchange and National Stock Exchange on Tuesday, January 17, 2017 through a letter that the Debenture committee constituted by the board of directors of the Company at its meeting has inter-alia approved an issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures of Rs 500 crore on a private placement basis.

The issue will be listed under the Debt segment of the National Stock Exchange of India Limited with a tenure of 3 years, and 8.35% coupon rate payable annually. Capital First Ltd., is one of the leading Financial Institutions in India focused on providing debt financing to MSMEs and Indian consumers, which was founded in 2012.Within a short span, the Company has built a large network and provides finance in 222 locations across the country. The Company is based out of Mumbai with current market capitalisation of Rs 5925.47 crore.

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