Credent Global Finance Limited, a listed Non-Banking Financial Company (NBFC) focusing on contrary led opportunity in the market, Credent Global Finance Limited announced the successful completion of its Qualified Institutional Placement (QIP) raising ₹30 crore from institutional investors.
The successful completion of QIP reinforces investor confidence in Credent's evolving financial services platform and long-term growth strategy. Socradamus Capital Private Limited acted as the Sole Book Running Lead Manager (" BRLM") to the Issue.
The capital raise follows Credent Global Finance's recently announced robust Q3FY26 financial performance, where the Company reported significant growth in revenue and profitability driven by improved operating efficiencies and recovery-led income initiatives.
For the quarter ended December 31st , 2025 the Revenue from Operations stood at ₹25.74 crore, compared to ₹2.94 crore in the corresponding quarter last year, a robust 775% year-on-year growth. While the PAT rose to ₹18.02 crore in Q3FY26, as against ₹0.47 crore reported in Q3 FY25, a sharp increase of 3,773% (38x growth).
Strategic Positioning
Known for taking a contrary and opportunity-led approach in the market, Credent has recently increased its exposure to an Eastern India-based Microfinance Institution (MFI), reflecting its confidence in selective credit opportunities where risk-adjusted returns are compelling. The move aligns with the Company's strategy of disciplined capital allocation and counter-cyclical investing.
Leadership Strengthening
The company also announced the appointment of Vikas Kataria as Executive Director on the Board, further strengthening the senior management team as Credent enters its next phase of growth.
Commenting on the successful completion of QIP, Aditya Vikram Kanoria, Managing Director, said: "The successful QIP and our record quarterly financial performance reflect the strength of our platform and disciplined execution strategy. Our investment philosophy remains opportunity-driven and risk-calibrated. With enhanced capital, strategic exposure in high-potential segments, and a strengthened leadership team, we are well-positioned to scale sustainably and deliver long-term stakeholder value."