Key Details of NCD Allotment
- Issuer: Master Capital Services Limited (Wholly Owned Subsidiary of Master Trust Limited)
- Instrument: Secured, Listed, Rated, Redeemable, Non-Convertible Debentures
- Number of NCDs Allotted: 75,000
- Face Value per NCD: ₹10,000
- Total Issue Size: ₹75 crores
- Coupon Rate: 10.50% per annum
- Maturity Date: 12th May 2028
Approval and Timing
- Approved in Legal, Banking and Finance Committee Meeting held on 12th November 2026
- Allotment intimated to exchanges on 13th November 2026
- Public announcement dated 14th November 2026
Purpose of Fund Raising
The funds raised are intended for general corporate purposes and to meet working capital requirements of Master Capital Services Limited.
Strategic Commentary
Mr. Puneet Singhania, Whole Time Director of Master Capital Services Limited, stated that the allotment "marks an important milestone for the Company" and will:
- Strengthen the company's funding base
- Diversify sources of funding
- Support continued growth of business and working capital requirements
- Enable disciplined capital allocation and prudent financial management
- Enhance integrated financial services offerings with emphasis on technology, innovation and sustainable growth
Company Background
Master Trust Limited (BSE: 511768, Symbol: MASTERTR) is a diversified financial services company with over 41 years of experience offering comprehensive trading, investment, wealth management, and financial solutions. The company has:
- Pan-India network spanning 22 States and Union Territories
- 63 branches and 1,550+ business partners
- Over 4.40 lakh registered customers
- 1,220 employees
In FY26 (Consolidated), Master Trust Limited reported:
- Total Income: ₹5,758.44 Mn
- EBITDA: ₹2,293.76 Mn
- Net Profit: ₹1,260.87 Mn