Capri Global Capital Rights Issue will open for subscription from 27 February 2023. the company aims for an issue size of ₹₹1,440 Crores through this rights Issue.
About the company
Incorporated in 2011, Capri Global Capital Limited is a Non-Banking Financial Company offering financial assistance. They aspire to drive collective social growth. The company extends its services to low-income groups who are inaccessible to financial support.
Capri Global Capital primarily has a presence across the MSME Loans and Home Loans segment. With aspirations like strengthening the entrepreneurial base of India, and assisting individuals in attaining their goals, the company has developed efficient products to cater to the needs.
The deliverables of Capri Global Capital Limited include-
- MSME Loan
- Home Loan
- Gold Loan
- Affordable Housing Loans Prime
- Wishwas
- Construction Finance
- ECLGS
In the customer base of the company, ventures like small manufacturing units, restaurants, traders, private schools, etc are included. Capri Global Capital offers tailor-made finance solutions to MSMEs to help them fund their operations as well as capital requirements. Under the Pradhan Mantri Awas Yojana, the company is offering home loans to low-income families.
Objectives of the Issue
- To augment the Company’s capital base to meet the Company’s future capital requirements.
Rights Issue Timetable
| Last Date to buy shares | 16 February 2023 |
| Record Date | 17 February 2023 |
| Credit of Rights Entitlements | 24 February 2023 |
| Bid/Offer Opens On | 27 February 2023 |
| Renunciation of Rights Entitlements | 06 March 2023 |
| Bid/Offer Closes On | 10 March 2023 |
| Deemed Date of Allotment | 17 March 2023 |
| Credit Date | 22 March 2023 |
| Listing Date | 23 March 2023 |
Capri Global Capital Rights Issue Details
| Issue Open | Feb 27, 2023 – Mar 10, 2023 |
| Security Name | Capri Global Capital Limited |
| Issue Size (Shares) | 30,315,789 |
| Issue Size (Amount) | ₹1,440.00 Crores |
| Issue Price | ₹475 per share |
| Face Value | ₹2 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The entire amount of Rs. 475 is payable on application. |
| Entitlement | 11 Rights Equity Share(s) for every 64 fully paid-up Equity Shares held on Record Date |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 5,813.08 | 737.14 | 176.96 |
| 31-Mar-22 | 7,152.77 | 981.79 | 205.04 |
Rights Issue Documents
Lead Manager(s)
- ICICI Securities Limited
Rights Issue Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: capri.rights@linkintime.co.in
Website: https://linkintime.co.in/
Company Contact Information
Capri Global Capital Limited
502, Tower – A, Peninsula Business Park,
Senapati Bapat Marg, Lower Parel,
Mumbai – 400013
Phone: +91-22-40888100
Email: contact@capriglobal.in
Website: https://www.capriloans.in/
Final Thoughts
Applying for the rights issue is purely a personal choice. make sure you make a detailed study about the company and rights issue before you make an investment decision.
Happy investing
