Unifinz Capital Sets Stage For Fundraise With Flexible NCD And Green Shoe Structure

Fundraising Blueprint For Expansion

The board of Unifinz Capital India has cleared an NCD issue with a base size and an embedded green shoe component, positioning the company to tap India’s debt capital markets. The move underscores the NBFC’s strategy of diversifying its borrowing mix and locking in stable funding to support its lending portfolio and future expansion plans.

Issue Structure And Green Shoe Option

The approved NCDs of up to Rs 450 million will be issued in one or more tranches, subject to market conditions and regulatory clearances. The green shoe option of Rs 300 million allows Unifinz Capital India to upsize the overall offering if subscription exceeds the base amount, helping the company efficiently match investor appetite with its capital requirements.

What Investors Should Track

Prospective investors will watch for details on coupon, tenure, credit rating, security cover and listing plans. The NCD issue’s risk return profile, repayment schedule and end use of proceeds will be key in assessing Unifinz Capital India’s balance sheet strength and asset liability management going forward.

Key Highlights

• Board clears NCD issue of up to Rs 450 million
• Issue structure includes Rs 300 million green shoe option
• Funds aimed at supporting lending book and growth strategy
• Pricing, rating and tenure details awaited by debt investors

Sources: ScanX, Unifinz, Whalesbook, Market Screener