Capri Global Capital Limited has announced the successful closure of its Tranche I public issue of secured, redeemable, rated, and listed Non-Convertible Debentures (NCDs). The issue, which opened on April 15, 2026, and closed on April 28, 2026, received an overwhelming response from investors across all categories. The Qualified Institutional Buyers (QIB) and Corporate categories were subscribed over 2x and 1.14x, respectively, of their earmarked portions. The base issue size was ₹1,000 million (₹100 crore) with a green shoe option of ₹4,000 million (₹400 crore), aggregating up to ₹5,000 million (₹500 crore). Mr. Rajesh Sharma, Managing Director of Capri Global Capital Limited, stated that the oversubscription is a testament to investor confidence in the company's business model, execution capabilities, risk management, and corporate governance. He added that this successful public NCD issuance provides greater flexibility in fundraising to reach underbanked and underserved customers across India. The Tranche I NCD Issue offered coupon rates of up to 9.50% per annum with tenure options of 24, 36, 60, and 120 months, and monthly and annual interest payout choices. At least 75% of the funds raised will be used for onward lending and financing, and for repayment of existing borrowings. The balance, not exceeding 25%, will be utilized for general corporate purposes.
