Announced Thu, 9 Apr · 12:31 IST

Capri Global Capital Limited has informed the Exchange regarding a press release dated April 09, 2026, titled "Capri Global Capital Limited Announces Tranche I Public Issue of Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) for an amount of ₹500 Crore.".

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AI summary

Capri Global Capital Limited, a diversified NBFC, has announced a public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) aggregating up to ₹5,000 million (₹500 crore). The issue comprises a base size of ₹1,000 million with a green shoe option of ₹4,000 million. The NCDs offer coupon rates of up to 9.50% per annum across tenures of 24, 36, 60, and 120 months with monthly or annual interest payout options. The NCDs have been rated 'IVR AA/Positive' by Infomerics and 'ACUITE AA | Stable' by Acuité. At least 75% of the funds raised will be used for onward lending and repayment of existing borrowings, while up to 25% will be used for general corporate purposes. The issue opens on April 15, 2026 and closes on April 28, 2026.

Likely market impact

The NCD issuance provides Capri Global with access to capital markets for funding its lending operations and debt refinancing. The 'AA' ratings reflect strong creditworthiness, and the 9.50% yield should attract retail and institutional investors seeking fixed-income returns. This is positive for the company's growth trajectory in its MSME, housing, gold loans, and construction finance segments.