Capri Global Capital successfully raises INR 2,000 crore via QIP

Capri Global Capital (BSE:CGCL) announced the successful completion of its Qualified Institutions Placement (QIP), raising INR 2,000 Crore by issuing approximately 136.5 million shares to Qualified Institutional Buyers. This marks the company's first QIP in a decade, drawing significant interest from diverse institutional investors, including Quant Mutual Fund, BlackRock, and ICICI Prudential Life Insurance. The raised capital will be used to capitalize on growth opportunities across key lending verticals, expand geographical presence, and invest in AI and data science capabilities. As of March 31, 2025, Capri Global Capital has an AUM of over INR 22,857 Crore and serves over 5.5 Lakh customers through its 1,100+ branches.