Capital India Finance Raises ₹100 Cr via NCDs on Private Placement

Capital India Finance Limited (CIFL) has successfully raised ₹100 crore through the private placement of listed, rated, senior, secured, transferable, and redeemable Non-Convertible Debentures (NCDs). The issuance included a base issue of ₹50 crore and a green shoe option of ₹50 crore. These NCDs have a tenure of 27 months with a fixed coupon of 10% per annum, payable quarterly, and will be listed on BSE. This fundraise aims to strengthen CIFL's funding base, support its lending business growth, and diversify borrowing sources as it expands its secured MSME and retail lending franchise. CIFL has grown its distribution network to 46 branches across nine states and reported a 22% year-on-year increase in assets under management to ₹1,227.37 crore in FY 2026.