Capri Global Capital Limited (CGCL), a leading non-banking financial company (NBFC), has successfully raised ₹2,000 crore through a Qualified Institutions Placement (QIP). This marks the company’s first major capital raise in over a decade. The funds were secured by issuing around 136.5 million shares to Qualified Institutional Buyers (QIBs) in compliance with SEBI’s ICDR Regulations.
Strong Investor Participation Reflects Market Confidence
The QIP attracted significant interest from a diverse group of institutional investors, including domestic and international long-only funds, mutual funds, and insurance providers. Prominent participants included:
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Quant Mutual Fund
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BlackRock
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3P Investment
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Think Investments
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Allspring Global Investments
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ICICI Prudential Life Insurance, HDFC Life Insurance
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ICICI Lombard, SBI General Insurance, HDFC Ergo General Insurance
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TATA AIF and MK Ventures Capital
The overwhelming response underscores investor confidence in Capri Global Capital’s growth strategy and financial stability.
Fund Allocation: Strengthening Capital and Expanding Reach
The company’s Board-approved QIP Committee finalized the pricing and allotment on 12 June 2025. The proceeds will be strategically deployed to:
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Enhance the capital base for sustainable growth
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Expand lending operations across key verticals
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Boost technological advancements, particularly in AI and data science
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Deepen market presence in existing and new regions
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Diversify borrowing sources for improved financial flexibility
Leadership Perspective: A Strategic Growth Milestone
Rajesh Sharma, Managing Director of Capri Global Capital, commented: “This successful QIP is a pivotal moment in our growth journey. The capital infusion will empower us to seize new opportunities, build a robust portfolio, and reinforce our financial foundation. Our commitment remains focused on expanding inclusive credit access, optimizing operational efficiency, and delivering long-term value to stakeholders.”
Looking Ahead
With this capital raise, Capri Global Capital is well-positioned to accelerate its expansion, drive innovation, and strengthen its position in India’s NBFC sector. The company’s strategic focus on technology and diversified lending solutions aligns with evolving market demands, ensuring sustained growth and stakeholder value.