Mangal Credit allots 35 crore rupees NCDs at 11.50 percent on private placement

Fund Raising View source PDF Explain this filing

MANCREDIT · price

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Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹221.10

prior close

₹221.81

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+0.6% vs market

Non Banking Financial Company (NBFC) peers, median of 218sector+0.0%+0.4% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.4 pts more 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.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4-0.2+0.6+0.0+0.4

Next day

-2.1-0.3-1.7-0.2-1.8

+0.4-0.2+0.6-0.3+0.7

-3.2-3.5+0.3-1.4-1.9

-0.8-3.6+2.9-1.8+1.1

-1.0-2.8+1.9-1.4+0.4

+0.5-1.4+1.9-0.9+1.4

15d

+1.5-3.0+4.5-2.7+4.2

+3.1-4.4+7.5-3.6+6.7

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 218Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mangal Credit and Fincorp has allotted 3,500 secured, listed, rated, taxable, redeemable NCDs on private placement basis, aggregating 35 crore rupees. Face value is 1 lakh per NCD, coupon 11.50 percent annually with monthly interest payments. Tenure is 23 months, maturing August 9, 2028. Secured by first ranking exclusive charge on identified receivables at 1.05 times cover. Approved by Loans and Advance Committee on September 9, 2026. To be listed on BSE.

Likely market impact

Debt raise of 35 crore widens funding mix at 11.50 percent cost. No equity dilution as NCDs are debt instruments.