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19-Mar2019

Indostar Capital Finance surges on raising Rs 15 crore via NCDs

Indostar Capital Finance The scrip is currently trading at Rs. 346.35, up by 2.50 points or 0.73% from its previous closing of Rs. 343.85 on the BSE.

The scrip opened at Rs. 342.25 and has touched a high and low of Rs. 346.35 and Rs. 341.65 respectively. So far 557 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 606.60 on 24-May-2018 and a 52 week low of Rs. 275.00 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 357.75 and Rs. 340.00 respectively. The current market cap of the company is Rs. 3172.27 crore.

The promoters holding in the company stood at 60.29%, while Institutions and Non-Institutions held 22.23% and 17.48% respectively.

Indostar Capital Finance has raised Rs 15 crore through allotment of 150 Series XXXIII Tranche C Secured, Rated, Listed, Redeemable, Principal Protected, Non-Convertible Debentures (NCDs) of Face Value of Rs 10 lakh each, for cash at par, on Private Placement Basis.

Indostar Capital Finance is a non-banking finance company 'NBFC' registered with the Reserve Bank of India as a systemically important non-deposit taking company.


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