Capital India Finance has raised ₹100 crore through the private placement of secured non-convertible debentures (NCDs). The allotment, approved on September 29, 2026, comprises 1,00,000 units with a face value of ₹10,000 each, carrying a fixed coupon of 10% per annum.

Issuance structure and terms

The fundraise is structured as a listed, rated, senior, and secured debt instrument. The total issue size of ₹100 crore consisted of a base issue of ₹50 crore and a green shoe option of up to ₹50 crore, which was fully subscribed. The key parameters of the issuance are summarised below.

The NCDs will be listed on the BSE. Interest payments are scheduled to be made quarterly, while the principal amount is payable on the redemption date.

Security cover and regulatory compliance

The debt securities are backed by a pari passu charge by way of hypothecation in favour of the Debenture Trustee. This charge covers all standard loan receivables, both present and future. The company is mandated to maintain a minimum security cover of at least 1.10x at all times during the tenure of the debentures.

The allotment follows approvals from the Securities Issuance Committee, acting on authority delegated by the Board of Directors. The issuance complies with Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with relevant SEBI circulars regarding debt securities.

Strategic purpose and business performance

The company stated that the fundraise strengthens its funding base and provides additional resources to support the planned growth of its lending business. It also advances the strategy of diversifying sources of borrowing as it scales its secured MSME and retail lending franchise.

Pinank Shah, CEO of Capital India Finance, noted that the issuance builds capacity for the next phase of growth, supported by an expanding distribution network and disciplined underwriting. The company has expanded its distribution network to 46 branches across nine states, compared with 29 branches at the end of FY25.

In FY26, assets under management increased 22% year-on-year to ₹1,227.37 crore, while disbursements rose 62% to ₹753.54 crore. Total income for FY26 stood at ₹229.67 crore. Growth momentum continued in Q1FY27, with standalone total income increasing 32% year-on-year to ₹69.53 crore. Disbursements grew 36% and assets under management increased 20% year-on-year. The capital adequacy ratio stood at 43.58% as of June 30, 2026.

Capital India Finance Limited approved the issuance of non-convertible debentures (NCDs) worth up to ₹100 crore via private placement. The decision was taken by the Securities Issuance Committee on September 16, 2026.

The company, which previously intimated its plan to raise funds through debt securities in August 2026, structured the issue with a base size of ₹50 crore and an oversubscription option of up to ₹50 crore.

Issue Structure

The issuance comprises 1,00,000 listed, rated, senior, secured, transferable, and redeemable NCDs. The securities will be listed on the Bombay Stock Exchange (BSE). The allotment and maturity dates remain to be determined by the Board of Directors or its authorized committee.

Security and Regulatory Compliance

The NCDs are secured by a pari passu charge via hypothecation over all standard loan receivables, both present and future. Capital India Finance committed to maintaining a minimum security cover of at least 1.10x throughout the tenure of the debentures.

The disclosure was made pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023, as updated on January 30, 2026.