Loan & Debt7 May 2026, 07:41 pm
Capri Global NCD Tranche 1 Oversubscribed, Closes Successfully
AI Summary
Capri Global Capital Ltd's Tranche I public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) has been oversubscribed and successfully closed. The issue, which opened on April 15, 2026, and closed on April 28, 2026, saw strong investor demand across all categories. The QIB and Corporate categories were subscribed over 2x and 1.14x of their earmarked portions, respectively. The NCD issue offered coupon rates of up to 9.50% per annum and multiple tenure options.
Key Highlights
- Capri Global's NCD Tranche I issue oversubscribed, successfully closed.
- QIB and Corporate categories subscribed over 2x and 1.14x respectively.
- Issue offered coupon rates up to 9.50% per annum.
- ₹5,000 million raised through Tranche I Issue (Base issue of ₹1,000 million with Green Shoe Option of ₹4,000 million).
- 75% of funds for onward lending, financing, and repayment of existing borrowings.
Price Impact
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