Capri Global Capital Limited has informed the Exchange regarding a revised press release dated Jun 16, 2025, titled "Updated Press Release- CGCL_QIP closure".
CGCL · price
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On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 0.8 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Capri Global Capital Limited (Capri Loans), a non-banking financial company with an AUM of over ₹22,857 crore, has successfully raised ₹2,000 crores through a Qualified Institutions Placement (QIP) by issuing approximately 136.5 million equity shares to qualified institutional buyers. This marks the company's first QIP in the last decade. The issue attracted an overwhelming response from a diverse pool of both foreign and domestic institutional investors, with marquee names such as BlackRock, Quant Mutual Fund, ICICI Prudential Life Insurance, HDFC Life Insurance, TATA AIF, and Societe Generale participating. The QIP Committee approved the pricing and allotment on June 12, 2025, and the revised press release was filed with the exchanges on June 16, 2025. The company plans to use the capital to expand across lending verticals (MSME, gold, construction, housing finance), grow its geographical footprint, invest in AI and data science capabilities, and strengthen its capital base.
The ₹2,000 crore equity infusion will strengthen Capri Global's capital base and support its growth plans, though existing shareholders will face some dilution given the ~136.5 million new shares issued. The strong participation from marquee global and domestic institutional investors is a vote of confidence in the company's fundamentals and could be viewed positively by the market.