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Capri Global Capital share price gains 2% Photo Credit: https://www.business-standard.com

Capri Global Capital Share Price Gains 2% After ₹500 Crore NCD Issue Announcement — Key Details Investors Should Know

Market Performance: Capri Global Capital Share Price Moves Up

The Capri Global Capital share price gains 2% on Friday, April 10, catching market attention after a key announcement.

The stock moved up nearly 1.8% during the day, touching a high of ₹181.35 per share on BSE. The rise came right after the company revealed plans to raise funds through a Non-Convertible Debenture (NCD) issue.

Even with this upward move, the stock still trades about 15% below its 52-week high of ₹213.85 recorded in October 2025. On the downside, it had touched a 52-week low of ₹150.60 in June 2025.

Over different timeframes, the stock has shown mixed movement:

  • +9% in the last 1 month
  • -5% over the past 6 months
  • +17% in the last 1 year
  • +93% over the past 5 years

The short-term bounce clearly reflects how sensitive the stock is to fresh corporate developments.

Main News: ₹500 Crore NCD Issue Drives Sentiment

The trigger behind the Capri Global Capital share price gains 2% is the announcement of a ₹500 crore NCD issue.

The company plans to launch Tranche I of its public issue, which includes:

  • Base issue size: ₹100 crore
  • Green shoe option: ₹400 crore
  • Total issue size: Up to ₹500 crore

The issue is scheduled to:

  • Open on: April 15, 2026
  • Close on: April 28, 2026

These NCDs are secured, rated, listed, and redeemable, and will be listed on the BSE.

The company highlighted that the allotment will follow a first-come, first-served basis, with proportionate allocation if demand exceeds supply. The NCDs will be issued in dematerialised form and traded on the exchange.

NCD Issue Details: Returns, Tenure, and Structure

The structure of the issue offers flexibility in terms of tenure and payout options. Here are the key financial details:

  • Coupon rate: 8.80% to 9.50% per annum
  • Effective yield: Up to 9.49% per annum
  • Tenure options: 24 months, 36 months, 60 months, 120 months
  • Interest payout: Monthly and annual options available
  • Face value: ₹1,000 per NCD
  • Minimum investment: ₹10,000

In terms of credit quality, the issue has received strong ratings:

  • IVR AA / Positive by Infomerics
  • ACUITE AA | Stable by Acuité Ratings

These ratings indicate a high degree of safety in servicing financial obligations.

Utilisation of Funds: Where the Money Will Go?

The company has clearly outlined how it plans to use the funds raised through this issue.

  • At least 75% will be used for:
    • Lending activities
    • Financing operations
    • Repayment of existing borrowings
  • Up to 25% will be allocated for:
    • General corporate purposes

This structure shows a clear focus on strengthening its core lending business.

Company Details: A Diversified Lending Player

Capri Global Capital operates as a retail-focused NBFC with a diversified portfolio.

Its business spans across:

Alongside lending, the company also runs fee-based businesses, including:

  • Insurance services
  • Loan distribution

This diversified approach allows the company to cater to a wide customer base, especially in underserved segments.

What This Means for the Stock Movement?

The Capri Global Capital share price gains 2% reflects a clear market reaction to the fundraising plan.

Announcements like NCD issues often act as short-term triggers, especially when:

  • The issue size is significant
  • The returns are clearly defined
  • The company outlines a structured use of funds

In this case, the clarity around ₹500 crore fundraising, up to 9.5% returns, and defined timelines helped improve sentiment.

Summary: Key Takeaways from Capri Global Capital Update

The Capri Global Capital share price gains 2% after the company announced a ₹500 crore NCD issue, signaling renewed market interest.

Here’s a quick recap:

  • Stock touched ₹181.35, rising nearly 1.8% intraday
  • NCD issue size stands at ₹500 crore
  • Offers 8.80% to 9.50% returns
  • Issue opens April 15 and closes April 28, 2026
  • Funds to be used mainly for lending and debt repayment

The movement shows how corporate actions continue to drive stock-specific momentum, even when broader trends remain mixed.