Issuance Of Rs50 Cr NCDs By Capital India Finance

This move is aligned with the Company’s strategy to strengthen its funding base and support ongoing business expansion.

Pinank Shah, CEO, Capital India Finance Limited.

FinTech BizNews Service 

Mumbai, July 29, 2025: Capital India Finance Limited (NSE & BSE: CIFL | 530879 | INE345H01024), a prominent middle layer non-banking financial company (NBFC), today announced the successful issuance of senior, secured, rated, listed, redeemable, taxable Non-Convertible Debentures (NCDs) amounting to Rs50 crore on a private placement basis. This move is aligned with the Company’s strategy to strengthen its funding base and support ongoing business expansion.

 Key terms of the issue:

• Issue Size: Rs50 crore
• Face Value: Rs1 lakh for each NCD
• Minimum Lot Size: 100 NCDs aggregating to Rs1 crore.
• Type: Senior, Secured, Rated, Listed, Redeemable, Taxable Non-Convertible Debentures
• Tenor: 3 years
• Repayment: Bullet Payment at the end of 3 years
• Coupon Rate: 9.55% per annum, payable annually
• Exchange: BSE

 “The successful issuance of our Non-Convertible Debentures marks a pivotal step in Capital India Finance Limited’s ongoing strategy to diversify and strengthen our liability profile” says Mr. Pinank Shah, CEO, Capital India Finance Limited.
“By accessing the debt capital markets, we are not only broadening our funding sources and lowering our dependence on traditional funding channels, but also reinforcing a more resilient and cost-effective capital structure. It positions us well to scale our lending business sustainably, with a strong focus on long-term value creation and investor confidence”, Mr. Shah adds.

The proceeds from the issuance will be utilized for onward lending, refinancing, repayment of existing financial indebtedness and working capital requirements in accordance with the Company’s growth and capital planning objectives.