fintech / news / / The Hindu Business Line
Capri Global Capital plans to raise ₹500 crore through the issue of non-convertible debentures.
Capri Global Capital plans to raise ₹500 crore via non-convertible debentures with a ₹400 crore green shoe option.
KEY POINTS
- The company targets raising ₹2,000 crore through NCDs in the current fiscal year.
- The NCDs offer tenures up to 120 months and coupon rates up to 9.50% per annum.
- Capri Global has implemented an AI-driven processing system to reduce human bias in lending decisions.
- The company maintains a 60% loan-to-value ratio on gold loans, avoiding margin calls despite gold price drops.
COMPANIES
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