Capri Global Powers Up: ₹1,000 Cr NCD Greenlit to Fuel Lending Ambitions

Capri Global Capital Ltd (CGCL), a leading NBFC, has approved a major fund-raising initiative through the issuance of Non-Convertible Debentures (NCDs) worth up to ₹1,000 crore. The move, cleared at the board meeting on June 30, 2025, is aimed at strengthening the company’s capital base and supporting its aggressive growth across MSME, housing, and gold loan segments.

 

The NCDs will be issued in multiple tranches via public issue or private placement, depending on market conditions. This capital infusion is expected to enhance CGCL’s lending capacity, improve asset-liability management, and diversify its funding sources. The company has maintained a healthy CRAR of 22.87% and a consolidated AUM of ₹20,662.9 crore as of December 2024, reflecting strong financial health and scalability.

 

CGCL has been on a rapid expansion spree, with a 55% YoY growth in AUM and a growing footprint across 11 states. Its product mix includes MSME loans, home loans, construction finance, and gold loans. The company is also actively pursuing co-lending partnerships with public and private sector banks, further boosting its disbursal capabilities.

 

This NCD issuance follows a ₹1,440 crore rights issue in FY24 and aligns with CGCL’s strategy to maintain robust liquidity while scaling operations. With a strong credit rating and a diversified loan book, the company is well-positioned to tap into India’s rising credit demand.

 

Sources: CNBC TV18, Infomerics Ratings, Business Standard