In the upcoming trading session on Friday, all eyes will be on Standard Capital, a small-cap non-banking finance company, as it plans to issue non-convertible debentures (NCDs) valued at a substantial ₹900 crore. This news comes on the heels of a dip in the company’s share price, which saw a decrease of 2.13%, closing at ₹0.46 on Wednesday. Investors and market analysts will be keenly observing how this development influences trading activity.
Approval for Major Fundraising
During a recent board meeting held on April 30, 2025, Standard Capital Markets Limited’s directors approved the issuance of secured, unlisted, unrated, redeemable NCDs. Each debenture will have a face value of ₹1,00,000. The issuance is set to occur in multiple tranches, in accordance with the Companies Act of 2013 and relevant regulations.
- Total amount: ₹900 crore
- Face value of each debenture: ₹1 lakh
- Issuance structure: Multiple tranches
Detailed Breakdown of the Issuance Series
Standard Capital’s NCD issuance will be structured into five distinct series:
- Series I: Up to 25,000 debentures, raising ₹250 crore
- Series II: Up to 20,000 debentures, totaling ₹200 crore
- Series III: Up to 13,000 debentures, amassing ₹130 crore
- Series IV: Up to 17,000 debentures, contributing ₹170 crore
- Series V: Up to 15,000 debentures, equating to ₹150 crore
Maturity and Investor Outlook
The maturity date for these debentures is set for May 30, 2030, providing a long-term investment opportunity for potential subscribers. Investors will likely weigh the risks and rewards of entering into this venture, especially given the company’s recent performance.
As the market anticipates the impacts of this announcement, it’s essential to stay informed. Keep an eye on Standard Capital’s stock movement, especially as further details emerge regarding the NCD issuance. Will this fundraising initiative prove beneficial for Standard Capital? Only time will tell, but the potential for growth remains a topic of interest for investors.
For more insights on market trends and investment strategies, check out our related articles on NBCC and Bharat Dynamics stocks.