Capri Global Capital Limited has announced a tranche I public issue of secured, rated, and redeemable non-convertible debentures (NCDs). The issue aims to raise up to ₹5,000 million, with a base size of ₹1,000 million and a green shoe option of ₹4,000 million. With tenures ranging from 24 to 120 months and coupon rates reaching up to 9.50% per annum, the issue offers various interest payout options to investors.
Issue Details and Structure
The company is launching its latest debt offering to support ongoing business expansion. The NCDs are secured and offer investors multiple tenure options, including 24, 36, 60, and 120 months. Investors can choose between monthly and annual interest payout frequencies, with the coupon rate peaking at 9.50% per annum for the longest tenure.
Timeline and Subscription
Interested investors should note that the subscription window opens on Wednesday, April 15, 2026, and is scheduled to close on Tuesday, April 28, 2026. The minimum application requirement is ₹10,000 for 10 NCDs, with additional units available in multiples of ₹1,000. Allotment will be conducted on a first-come, first-served basis, with provisions for proportionate allotment in the event of oversubscription.
Use of Proceeds
The funds generated from this issue will primarily bolster the company’s financial capacity. At least 75% of the proceeds are earmarked for onward lending and financing, as well as the repayment of interest and principal on existing borrowings. The remaining 25% is designated for general corporate purposes, ensuring the company maintains a robust capital base to continue serving its core segments, including MSME loans, housing finance, gold loans, and construction finance.
Operational Strength
As of December 31, 2025, the company reported an AUM of ₹304,064.59 million. Operating through a network of 1,331 branches, the firm continues to prioritize tech-enabled outreach to serve its growing customer base of over 626,000 individuals across India.
Source: BSE
