IndoStar Capital Finance gets nod to raise Rs 500 crore via NCDs

08 Jan 2024 Evaluate

IndoStar Capital Finance has received approval for the issuance of listed, rated, secured, redeemable, non- convertible debentures (NCDs) in one or more series/tranches including the option of over-subscription (Greenshoe option) aggregating up to Rs 500 crore by way of public issue. The Board of Directors of the company at its meeting held on January 8, 2024, approved the same. 

IndoStar Capital Finance is a non-banking finance company ‘NBFC’ registered with the Reserve Bank of India as a systemically important non-deposit taking company. 


Indostar Capital Fin Share Price

255.95 8.60 (3.48%)
15-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Finance 7176.05
Shriram Finance 533.35
Aditya Birla Capital 174.00
SBI Cards AndPayment 736.50
Mah & Mah Finl. Serv 267.75
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