Capri Global Capital shares were trading lower on Thursday, April 9, falling 0.39% to ₹178.43 on the National Stock Exchange following the announcement of its maiden public bond issue. The stock had touched an intraday low of ₹176.53 during the session. Over the past month, the stock has gained 15%, while it has declined 6% in the last six months and 4% from the beginning of the year. The company's shares had previously hit a 52-week high of ₹214 on October 30, 2025, and a 52-week low of ₹150.51 on June 4, 2025. The bank currently has a total market capitalisation of ₹17,173.49 crore.
According to reports from CNBC TV18, Capri Global Capital has officially launched Tranche I of its public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) for up to ₹500 crore. The tranche comprises a base issue of ₹1,000 million with a green shoe option of ₹400 crore. The NCDs carry coupon rates of up to 9.50% per annum and have been rated 'IVR AA/Positive' by Infomerics Valuation and Rating Limited and 'ACUITE AA | Stable' by Acuité Ratings & Research Limited. The issue will open on Wednesday, April 15 and is scheduled to close on Tuesday, April 28, subject to early closure or extension by the company. The minimum application amount is ₹10,000, and the NCDs will be traded in dematerialised form and are proposed to be listed on BSE Limited.
As reported by CNBC TV18, the company will offer annual coupon rates of 9.00% for two-year bonds, 9.15% for three-year bonds, 9.30% for five-year bonds and 9.50% for 10-year bonds. For those opting for monthly payouts, rates are slightly lower: 8.80% for three-year bonds and 8.93% for five-year bonds, resulting in effective yields of 9.15% and 9.30% respectively. The public issue offers multiple tenors ranging from 24 months to 120 months with both monthly and annual interest payout options. Allotment will be made on a first-come, first-served basis with proportionate allotment in case of oversubscription.
According to CNBC TV18, at least 75% of the funds raised through the issue will be used for onwards lending, financing, and repayment of interest and principal of existing borrowings of the company. The balance up to 25% may be used for general corporate purposes, in line with SEBI regulations. This issuance marks the first tranche of a larger plan, with Capri Global Capital aiming to raise ₹2,000 crore through public issue of bonds. The company's lending operations include MSME loans, housing loans (via its wholly-owned subsidiary Capri Global Housing Finance Limited), gold loans, and construction finance.
As per CNBC TV18, Capri Global Capital Limited is a retail-focused, systemically important non-banking financial company (NBFC) listed on BSE and NSE. It has a customer base of 626,161 through 13,066 employees and 1,331 branches as of December 31, 2025. In the broader market, Indian companies raised approximately ₹10,700 crore through public debt issues in the previous financial year, up from ₹8,150 crore in fiscal 2025. The company's AUM stands at ₹30,406.46 crore as of December 31, 2025, on a consolidated basis.
