Capri Global Capital Launches ₹400 Crore NCD Issue Offering Up To 9.70% Yield

Capri Global Capital Limited has announced a public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) aggregating up to ₹400 crore. The issue comprises a base size of ₹200 crore with an option to retain oversubscription of up to ₹200 crore under the green shoe option.

The NCDs will be listed on BSE Limited and traded in dematerialised form. Allotment will be made on a first-come, first-serve basis, and in case of oversubscription, on a proportionate allocation basis.

Coupon Rates and Tenors

The NCDs are spread across six series with coupon rates ranging from 8.55% to 9.70% per annum. Investors can choose from tenors of 18 months, 36 months, 60 months, and 120 months. Series VI offers the highest effective yield of up to 9.69% per annum.

Interest will be payable either monthly or annually, depending on the investor’s choice of series.

Issue Timeline

The NCD issue will open on September 30, 2025, and close on October 14, 2025, with the company reserving the right to close earlier, subject to approvals.

At least 75% of the net proceeds will be allocated towards lending, financing, and repayment of existing borrowings. The remaining funds will be utilised for general corporate purposes.

Company Profile and Credit Ratings

Capri Global Capital operates as a systemically important non-banking financial company (NBFC), providing secured loans across MSME, housing, gold, and construction finance segments.

As of June 30, 2025, the company reported assets under management (AUM) of ₹24,752.83 crore, serving 0.56 million customers through 1,138 branches and 11,546 employees.

The issue carries credit ratings of ‘IVR AA/Positive’ from Infomerics Valuation and Rating Limited and ‘ACUITE AA/Stable’ from Acuite Ratings & Research Limited. Trust Investment Advisors Private Limited has been appointed as the lead manager for the issue.

Read More: PharmEasy Plans to Raise ₹1700 Crore via NCDs

Conclusion

With attractive yields of up to 9.70% and strong credit ratings, Capri Global Capital’s latest NCD issue aims to attract both retail and institutional investors. The issue is designed to strengthen the company’s lending portfolio while providing investors with stable, secured returns.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.