Capital First is currently trading at Rs. 710.00, up by 5.95 points or 0.85% from its previous closing of Rs. 704.05 on the BSE.
The scrip opened at Rs. 707.00 and has touched a high and low of Rs. 712.35 and Rs. 700.05 respectively. So far 8063 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 839.00 on 13-Sep-2017 and a 52 week low of Rs. 492.05 on 23-Nov-2016.
Last one week high and low of the scrip stood at Rs. 716.85 and Rs. 658.05 respectively. The current market cap of the company is Rs. 6996.36 crore.
The promoters holding in the company stood at 35.97%, while institutions and non-institutions held 37.45% and 26.59% respectively.
Capital First has received an approval for issue of Rated, Listed, secured, Redeemable, Non-Convertible Debentures of Rs 40 crore plus Green Shoe option of Rs 40 crore on private placement basis. The Debenture Committee constituted by the board of directors of the company at its meeting held on November 23, 2017 has approved for the same. The tenure of the instrument will be for 2353 days and will mature on May 3, 2024. The debentures will offer interest of 8.45% per annum payable annually.
Capital First is an MSME and consumer financing company which provides debt financing to these segments and also offers home loans, two wheeler loans and durable loans to entry and mid-level salaried employees of corporates.