Credent Global Finance Plans ₹3,500 Crore Capital Raise via QIP

Credent Global Finance Limited , a non-banking financial company (NBFC), has announced plans to raise up to ₹3,500 crore through a Qualified Institutions Placement (QIP). The company's Board of Directors has approved this proposal, which now awaits shareholder approval at an Extraordinary General Meeting (EGM) scheduled for November 10, 2025.

Key Details of the Proposed QIP

Issue Size: Up to ₹3,500 crore
Instrument: Equity shares with a face value of ₹2 each
Issuance Method: QIP to qualified institutional buyers
Issuance Structure: One or more tranches
Pricing: As per SEBI ICDR regulations, with a possible discount of up to 5% on the floor price
Allocation: Minimum 10% reserved for mutual funds
Lock-in Period: One year for allotted shares

Purpose of the Capital Raise

The company intends to use the funds raised through this QIP for two primary purposes:

To augment its capital base for NBFC activities
For general corporate purposes

Shareholder Approval and Timeline

Credent Global Finance has called for an EGM on November 10, 2025, to seek shareholder approval for this capital raising initiative. If approved, the company will have 365 days from the date of the shareholder resolution to complete the allotment of shares under the QIP.

Board Approval Process

The proposal for this capital raise was approved by the Board of Directors in meetings held on October 10 and October 14, 2025. This demonstrates the company's strategic planning and commitment to strengthening its financial position.

Implications for Investors

For potential investors, this QIP offers an opportunity to invest in Credent Global Finance's growth story. However, it's important to note that:

The final pricing of the shares will be determined based on market conditions and SEBI regulations.
There will be a one-year lock-in period for the allotted shares.
The issue may lead to dilution of existing shareholding.

Conclusion

Credent Global Finance's move to raise ₹3,500 crore through a QIP signals the company's ambitions for growth and its confidence in attracting institutional investors. As the NBFC sector continues to play a crucial role in India's financial landscape, this capital infusion could potentially strengthen Credent Global Finance's position in the market. However, the success of this initiative will depend on market conditions and investor appetite at the time of the issue.

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0.0%	-1.21%	+2.58%	+9.93%	+10.92%	+1,717.90%

Credent Global Finance Limited , a Mumbai-based financial services company, has announced plans to raise funds up to ₹35 crore through a Qualified Institutions Placement (QIP) of equity shares or other equity-linked securities. This strategic move, approved by the company's Board of Directors on October 10, 2025, aims to bolster the company's financial position and support its growth initiatives.

Key Highlights of the Fundraising Plan

Approved Amount: The board has given the green light for raising up to ₹35.00 crore (₹3,500.00 lakhs).
Issuance Method: The primary focus is on a Qualified Institutions Placement (QIP), with options for preferential issue or private placement.
Regulatory Compliance: The fundraising will be conducted in accordance with SEBI regulations, specifically Chapter VI of the ICDR Regulations.
Shareholder Approval: The plan is subject to obtaining necessary shareholder consent.

Appointment of Lead Manager

To ensure smooth execution of the QIP, Credent Global Finance has appointed Socradamus Capital Private Limited as the Book Running Lead Manager for the issue.

Financial Implications

While the exact pricing details of the equity shares or securities are yet to be determined, they will be set in compliance with applicable laws. This capital raise is expected to strengthen the company's balance sheet and provide resources for potential expansion or strategic initiatives.

Corporate Governance and Transparency

The company has demonstrated its commitment to transparency by promptly disclosing the board meeting outcome to the BSE Limited. The meeting, which commenced at 6:15 p.m. and concluded at 6:45 p.m. on October 10, 2025, addressed these critical financial decisions.

Looking Ahead

As Credent Global Finance moves forward with its fundraising plans, investors and market watchers will be keen to observe how the company utilizes this capital to drive growth and enhance shareholder value. The success of this QIP could play a significant role in shaping the company's future strategic direction and market position.

For more information, stakeholders can refer to the detailed disclosures available on the company's website at www.credentglobal.com .

Note: This article is based on the latest available information and does not constitute financial advice. Investors are advised to conduct their own research and consult with financial experts before making investment decisions.