Capital First is currently trading at Rs. 686.45, up by 4.75 points or 0.70% from its previous closing of Rs. 681.70 on the BSE.
The scrip opened at Rs. 693.05 and has touched a high and low of Rs. 695.50 and Rs. 676.85 respectively. So far 16469 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 796.25 on 28-Jul-2016 and a 52 week low of Rs. 380.10 on 11-Mar-2016.
Last one week high and low of the scrip stood at Rs. 696.90 and Rs. 627.00 respectively. The current market cap of the company is Rs. 6673.96 crore.
The promoters holding in the company stood at 61.09%, while Institutions and Non-Institutions held 12.29% and 26.62% respectively.
Capital First has received an approval for issue of rated, listed, secured, redeemable, non-convertible debentures (NCDs) of Rs 75 crore with a Green Shoe Option of Rs 125 crore on private placement basis. The Debenture Committee constituted by the board of directors of the company at its meeting held on March 14, 2017, has approved for the same. The tenor of the issue is 3 years, with date of allotment on March 14, 2017, while date of maturity is March 13, 2020. The coupon/interest offered will be 8.41% per annum payable annually and on the date of redemption.
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.