Fundraising Details
Capital India Finance Limited has successfully raised ₹100 crore through the issuance of listed, rated, senior, secured, transferable and redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The issuance was made pursuant to Regulations 30 and 51 read with Part A and Part B of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
NCD Structure and Terms
- Issue Size: ₹100 crore comprising base issue of ₹50 crore and green shoe option of ₹50 crore
- Tenure: 27 months
- Coupon Rate: 10% per annum, fixed rate
- Payment Frequency: Quarterly interest payments
- Security: Secured NCDs
- Listing: The NCDs will be listed on BSE Limited
Use of Proceeds and Strategic Purpose
The fundraise strengthens CIFL's funding base and provides additional resources to support the planned growth of its lending business. It advances the Company's strategy of diversifying its sources of borrowing as it scales its secured MSME and retail lending franchise.
Management Commentary
Pinank Shah, CEO of Capital India Finance Limited, stated: "The successful completion of this NCD issuance is an important step in diversifying our funding base and building the capacity required for the next phase of growth. With an expanding distribution network, disciplined underwriting and strong capital adequacy, we are well positioned to deepen our presence across underserved MSME markets. We will continue to balance growth with asset quality, liquidity and sustainable returns."
Business Operations and Expansion
CIFL has expanded its distribution network to 46 branches across nine states, compared with 29 branches at the end of FY 2025. The Company focuses on secured MSME and retail lending, combining local market presence with technology-enabled processes and underwriting capabilities.
Financial Performance Highlights
FY 2026 Performance:
- Assets Under Management: ₹1,227.37 crore (22% year-on-year increase)
- Disbursements: ₹753.54 crore (62% year-on-year increase)
- Total Income: ₹229.67 crores
Q1 FY 2027 Performance:
- Standalone Total Income: ₹69.53 crore (32% year-on-year increase)
- Disbursements Growth: 36% year-on-year
- AUM Growth: 20% year-on-year
- Capital Adequacy Ratio: 43.58% as of June 30, 2026
Company Background
Capital India Finance Limited is a listed, Middle Layer, non-deposit-taking NBFC focused on providing secured MSME and retail lending solutions. The Company offers customised credit solutions to micro, small and medium enterprises, professionals and retail customers through a phygital model supported by local market expertise and disciplined underwriting.