Moneyboxx Finance Raises ₹60 Cr via NCDs to Fund AUM Growth
Moneyboxx Finance Limited has successfully raised ₹60 crore through the issuance of Non-Convertible Debentures (NCDs) subscribed by Choice Finserv, Vakrangee, and Vivriti Capital. The NCDs carry a coupon of 10.75% per annum with a 2-year tenor and are rated BBB/Stable. This fresh capital infusion will bolster the company's liquidity and support its accelerated growth strategy, particularly funding the increasing disbursement pipeline across its diversified lending platform, including secured MSME lending, livestock finance, rooftop solar finance, and digital lending. The company highlighted a strengthened portfolio quality with a higher proportion of secured lending and improved borrower profiles, positioning it for robust balance-sheet expansion and sustainable AUM growth.
Key Highlights
- Raised ₹60 crore via NCDs from Choice Finserv, Vakrangee, Vivriti Capital.
- NCDs have a 10.75% coupon, 2-year tenor, and BBB/Stable rating.
- Funds will fuel AUM growth across MSME, livestock, solar, and digital lending.
- Strengthened portfolio quality with more secured lending and better borrower profiles.
- Enhances liquidity to support growing disbursement pipeline and expansion.
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