Unifinz Capital Approves Rs 30 Cr NCD Tranche Issuance

Unifinz Capital India Limited's Finance Committee approved the issuance of 30,000 listed, rated, senior, secured, taxable, redeemable non-convertible debentures (NCDs) with a face value of INR 10,000 each, aggregating Rs 30 crore nominal value. This private placement under existing ISIN INE926R07019 includes a green shoe option for up to 5,000 additional NCDs worth Rs 5 crore.

Issued at Rs 9,950.14 per NCD (accounting for Rs 49.86 accrued interest), the 14-month 6-day tenure debentures offer 13% annual coupon payable monthly, with allotment on March 18, 2026, and maturity on May 24, 2027. Secured by first-ranking charge on book debts maintaining 1.30x coverage, they target listing on BSE Wholesale Debt Market; payment defaults trigger 4% additional interest.

Shares of Unifinz Capital India Limited was last trading in BSE at Rs. 92.05 as compared to the previous close of Rs. 96.50. The total number of shares traded during the day was 449 in over 17 trades.

The stock hit an intraday high of Rs. 96.50 and intraday low of 92.02. The net turnover during the day was Rs. 42054.00.

Source : Equity Bulls

Keywords

UnifinzCapitalIndia INE926R01012 NBFC FundRaising NCDs