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Capri Global successfully raises INR 2,000 crores via QIP

June 23, 2025 at 07:13 AM UTCBy FilingReader AI

Capri Global Capital Limited (BSE:CGCL) announced the successful completion of its QIP, raising INR 2,000 Crores through the issuance of equity shares to Qualified Institutional Buyers. The QIP Committee authorized by the Board approved the pricing and allotment on June 12, 2025. The issue witnessed a strong response from both foreign and domestic institutional investors, including Quant Mutual Fund, 3P Investment, Abakkus Asset Management and BlackRock. The capital raised will be used to capitalize on growth opportunities, expand geographical presence, invest in AI, strengthen capital base, and diversify borrowings. Capri Global Capital is a non-banking financial company with an AUM of over INR 22,857+ Crore as of March 31, 2025, offering a range of secured loans through its branch network.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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