Capri Global Capital launches NCD public issue

Capri Global Capital Limited is launching a public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs), each with a face value of ₹1,000. The issue opens on September 30, 2025, and closes on October 14, 2025. This offering includes several series, providing investors with options for quarterly, monthly, annual, and at-maturity interest payments, as well as tenures ranging from 18 to 120 months. Coupon rates for these NCDs reach up to 10.00% per annum for Series II (18 months, monthly payments) and up to 10.45% for Series V (60 months, annual payments).

The NCDs are offered across different categories of investors, including institutional, non-institutional, and retail individual investors. The company aims to raise up to ₹10,000 million, with a base issue size of up to ₹2,000 million and an option to retain oversubscription up to ₹8,000 million. The public issue of NCDs is rated "CRISIL AA/POSITIVE" by CRISIL Ratings Limited and "ACUITE AA/STABLE" by Acuité Ratings & Research Limited, indicating high credit quality and moderate risk.

The debentures are proposed to be listed on the BSE Limited and the National Stock Exchange of India Limited. Lead managers for the issue include Trust Investment Advisors Private Limited, JM Financial Limited, and AK Capital Services Limited, while Catalysts Trusteeship Limited serves as the debenture trustee.