Regency Fincorp to issue 50 Crore NCDs at 13.5% interest

NCD yielding above 12%Fund Raising View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.4%Reaction day

₹44.70

prior close

₹43.31

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+1.3% vs market

Other Financial Services peers, median of 84sector+0.0%+1.4% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.4 pts more than its Other Financial Services 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

Stock

—

10m

—

15m

+2.6

30m

+2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.2+1.3+0.0+1.4

Next day

+0.4+0.2+0.2-0.0+0.5

+2.9+0.4+2.5-0.3+3.2

+1.0+0.7+0.3+0.0+1.0

+1.7+0.1+1.5-0.4+2.1

+4.0+0.7+3.4-1.1+5.1

+4.0+1.2+2.8-1.1+5.1

15d

+7.4+0.7+6.6-2.0+9.4

+2.9-1.2+4.1-1.8+4.7

+20.4-1.1+21.5-5.7+26.0

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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 84Pending

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

AI summary

Regency Fincorp board approved issuing 50,000 secured rated listed Non-Convertible Debentures on private placement basis, worth 50 Crore. Face value 10,000 rupees, 15-month tenure, interest 13.50% paid monthly and principal quarterly. To be listed on BSE. Catalyst Trusteeship as trustee, Credora Partners as merchant banker. Security cover is 1.25 times.

Likely market impact

Company raising 50 Crore debt at high 13.5% rate, suggesting elevated borrowing cost. No equity dilution for shareholders.