Latest news with #CapriGlobalCapital
Mint
16-06-2025
- Business
- Mint
LIC-backed NBFC raises ₹2,000 crores via QIP; Quant Mutual Fund ups stake to 5.96%
Capri Global Capital shares fell more than 5% during the early part of Monday's trading session; however, the stock has bounced back in the latter half of the session today. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Capri Global Capital shares highly volatile counter witnessing sharp swings on both sides. After a gap-down start today, the stock recovered to trade flat. The recent low near ₹ 150 acts as strong support, while a breakout above ₹ 185 and the 200DMA could trigger positive momentum. Traders should wait for a decisive move beyond the ₹ 150– ₹ 185 range. Capri Global Capital share price today opened at ₹ 167.65 apiece on the BSE, the stock touched an intraday high of ₹ 172.60 per share, and an intraday low of ₹ 161.50 per share. As per shareholding pattern public shareholder for the quarter ending 12 June 2025 on the BSE, Life Insurance Corporation Of India (LIC) holds 7.89% stake in Capri Global Capital. Sbi Life Insurance Co too holds 2.97% stake in the firm. In its most recent filing, the company announced that Quant Mutual Fund raised its stake to 5.96% from 1.53%. The non-banking financial company (NBFC) has announced that it successfully completed its Qualified Institutional Placement (QIP), raising primary equity capital of ₹ 2,000 crores by issuing approximately 136.5 million shares to institutional buyers. The QIP Committee, authorized by the Board, met on June 12, 2025, to determine the pricing and allocation for the QIP. As stated in an exchange filing, this is the company's first QIP in the past ten years. The offering received an enthusiastic response from a diverse group of institutional investors, including both foreign and domestic long-only funds, mutual funds, and insurance companies such as Quant Mutual Fund, 3P Investment, BlackRock, Think Investments, Allspring Global Investments, ICICI Prudential Life Insurance, HDFC Life Insurance, ICICI Lombard General Insurance, SBI General Insurance, HDFC ERGO General Insurance, TATA AIF, and many other long-only investors, underscoring the company's execution and technological capabilities, strong governance, and long-term vision. 'The successful QIP marks a significant milestone in Company's growth journey. The capital raised will enable us to capitalise on growth opportunities across key lending verticals, expand our geographical presence, invest in AI & data science capabilities and strengthen our capital base,' said Rajesh Sharma, Managing Director of the company.
Mint
16-06-2025
- Business
- Mint
LIC-backed NBFC raises ₹2,000 crores via QIP; Quant Mutual Fund ups stake to 5.96%
Capri Global Capital shares fell more than 5% during the early part of Monday's trading session; however, the stock has bounced back in the latter half of the session today. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Capri Global Capital shares highly volatile counter witnessing sharp swings on both sides. After a gap-down start today, the stock recovered to trade flat. The recent low near ₹ 150 acts as strong support, while a breakout above ₹ 185 and the 200DMA could trigger positive momentum. Traders should wait for a decisive move beyond the ₹ 150– ₹ 185 range. Capri Global Capital share price today opened at ₹ 167.65 apiece on the BSE, the stock touched an intraday high of ₹ 172.60 per share, and an intraday low of ₹ 161.50 per share. As per shareholding pattern public shareholder for the quarter ending 12 June 2025 on the BSE, Life Insurance Corporation Of India (LIC) holds 7.89% stake in Capri Global Capital. Sbi Life Insurance Co too holds 2.97% stake in the firm. In its most recent filing, the company announced that Quant Mutual Fund raised its stake to 5.96% from 1.53%. The non-banking financial company (NBFC) has announced that it successfully completed its Qualified Institutional Placement (QIP), raising primary equity capital of ₹ 2,000 crores by issuing approximately 136.5 million shares to institutional buyers. The QIP Committee, authorized by the Board, met on June 12, 2025, to determine the pricing and allocation for the QIP. As stated in an exchange filing, this is the company's first QIP in the past ten years. The offering received an enthusiastic response from a diverse group of institutional investors, including both foreign and domestic long-only funds, mutual funds, and insurance companies such as Quant Mutual Fund, 3P Investment, BlackRock, Think Investments, Allspring Global Investments, ICICI Prudential Life Insurance, HDFC Life Insurance, ICICI Lombard General Insurance, SBI General Insurance, HDFC ERGO General Insurance, TATA AIF, and many other long-only investors, underscoring the company's execution and technological capabilities, strong governance, and long-term vision. 'The successful QIP marks a significant milestone in Company's growth journey. The capital raised will enable us to capitalise on growth opportunities across key lending verticals, expand our geographical presence, invest in AI & data science capabilities and strengthen our capital base,' said Rajesh Sharma, Managing Director of the company. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Economic Times
16-06-2025
- Business
- Economic Times
Capri Global bags investment from Prashant Jain, Madhu Kela in Rs 2,000 cr QIP
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Ace investors Prashant Jain and Madhusudan Kela have invested in Capri Global Capital through their respective investment firms, joining a diverse pool of institutional participants in the company's recently concluded Rs 2,000-crore Qualified Institutions Placement (QIP).Jain's 3P Investment Managers, through its Category-III Alternative Investment Fund, invested Rs 150 crore in the financial services company. Meanwhile, MKVentures Capital , a non-banking finance firm promoted by Kela, also participated in the fundraising with an undisclosed investment comes as Capri Global announced the successful completion of its QIP on June company raised Rs 2,000 crore by issuing approximately 136.5 million equity shares to Qualified Institutional Buyers (QIBs), in line with SEBI's ICDR Regulations. The pricing and allotment were approved by the QIP Committee, authorised by the company's Board of Directors at its meeting held on June marks Capri Global's first QIP in nearly a decade. The issue witnessed strong demand from both foreign and domestic institutional investors, including long-only funds, mutual funds, and insurance from Jain's 3P Investment and Kela's MKVentures, other notable participants in the offering included Quant Mutual Fund, Abakkus Asset Management, BlackRock, Societe Generale – ODI, Allspring Global Investments, ICICI Prudential Life Insurance, HDFC Life Insurance , ICICI Lombard General Insurance, SBI General Insurance, HDFC Ergo General Insurance, PNB MetLife Insurance, and TATA read: Raamdeo Agrawal predicts 3 lakh Sensex target, multibagger strategy and 4 investment themes According to the company, the overwhelming response from long-term institutional investors is a testament to the market's confidence in Capri Global's business strategy, execution capabilities, and growth outlook. The funds raised through the QIP are expected to bolster the company's capital adequacy and support future expansion plans across its lending verticals.'The successful QIP marks a significant milestone in the Company's growth journey. The capital raised will enable us to capitalise on growth opportunities across key lending verticals, expand our geographical presence, invest in AI & data science capabilities and strengthen our capital base. This will also open up new avenues for us to diversify our borrowings and further solidify our liability franchise,' said Rajesh Sharma, Managing Director of Capri Global added, 'As we scale responsibly, our focus remains on driving inclusive credit access, higher productivity and efficiency while building a resilient portfolio. We are encouraged by the continued trust of our existing shareholders and welcome the new shareholders. We remain committed to deliver a robust financial performance and create long-term value for all our stakeholders."Capri Global Capital Ltd, which operates under the brand 'Capri Loans,' is a non-banking financial company (NBFC) engaged in offering credit to underserved segments, including MSMEs, affordable housing, and gold loans. The company has been expanding its footprint and diversifying its lending portfolio in recent of Capri Global Capital were trading flat at Rs 170.70 on the BSE around 1 pm.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
16-06-2025
- Business
- Time of India
Capri Global bags investment from Prashant Jain, Madhu Kela in Rs 2,000 cr QIP
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Ace investors Prashant Jain and Madhusudan Kela have invested in Capri Global Capital through their respective investment firms, joining a diverse pool of institutional participants in the company's recently concluded Rs 2,000-crore Qualified Institutions Placement (QIP).Jain's 3P Investment Managers, through its Category-III Alternative Investment Fund, invested Rs 150 crore in the financial services company. Meanwhile, MKVentures Capital , a non-banking finance firm promoted by Kela, also participated in the fundraising with an undisclosed investment comes as Capri Global announced the successful completion of its QIP on June company raised Rs 2,000 crore by issuing approximately 136.5 million equity shares to Qualified Institutional Buyers (QIBs), in line with SEBI's ICDR Regulations. The pricing and allotment were approved by the QIP Committee, authorised by the company's Board of Directors at its meeting held on June marks Capri Global's first QIP in nearly a decade. The issue witnessed strong demand from both foreign and domestic institutional investors, including long-only funds, mutual funds, and insurance from Jain's 3P Investment and Kela's MKVentures, other notable participants in the offering included Quant Mutual Fund, Abakkus Asset Management, BlackRock, Societe Generale – ODI, Allspring Global Investments, ICICI Prudential Life Insurance, HDFC Life Insurance , ICICI Lombard General Insurance, SBI General Insurance, HDFC Ergo General Insurance, PNB MetLife Insurance, and TATA read: Raamdeo Agrawal predicts 3 lakh Sensex target, multibagger strategy and 4 investment themes According to the company, the overwhelming response from long-term institutional investors is a testament to the market's confidence in Capri Global's business strategy, execution capabilities, and growth outlook. The funds raised through the QIP are expected to bolster the company's capital adequacy and support future expansion plans across its lending verticals.'The successful QIP marks a significant milestone in the Company's growth journey. The capital raised will enable us to capitalise on growth opportunities across key lending verticals, expand our geographical presence, invest in AI & data science capabilities and strengthen our capital base. This will also open up new avenues for us to diversify our borrowings and further solidify our liability franchise,' said Rajesh Sharma, Managing Director of Capri Global added, 'As we scale responsibly, our focus remains on driving inclusive credit access, higher productivity and efficiency while building a resilient portfolio. We are encouraged by the continued trust of our existing shareholders and welcome the new shareholders. We remain committed to deliver a robust financial performance and create long-term value for all our stakeholders."Capri Global Capital Ltd, which operates under the brand 'Capri Loans,' is a non-banking financial company (NBFC) engaged in offering credit to underserved segments, including MSMEs, affordable housing, and gold loans. The company has been expanding its footprint and diversifying its lending portfolio in recent of Capri Global Capital were trading flat at Rs 170.70 on the BSE around 1 pm.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Standard
14-06-2025
- Business
- Business Standard
Capri Global Capital consolidated net profit rises 115.21% in the March 2025 quarter
Sales rise 44.90% to Rs 915.23 crore Net profit of Capri Global Capital rose 115.21% to Rs 177.74 crore in the quarter ended March 2025 as against Rs 82.59 crore during the previous quarter ended March 2024. Sales rose 44.90% to Rs 915.23 crore in the quarter ended March 2025 as against Rs 631.62 crore during the previous quarter ended March 2024. For the full year,net profit rose 71.26% to Rs 478.53 crore in the year ended March 2025 as against Rs 279.41 crore during the previous year ended March 2024. Sales rose 39.98% to Rs 3162.99 crore in the year ended March 2025 as against Rs 2259.66 crore during the previous year ended March 2024.
