CreditAccess Grameen moves up on raising Rs 50 crore through NCDs
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CreditAccess Grameen is currently trading at Rs. 670.15, up by 5.25 points or 0.79% from its previous closing of Rs. 664.90 on the BSE.
The scrip opened at Rs. 660.10 and has touched a high and low of Rs. 678.70 and Rs. 660.10 respectively. So far 2347 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 01-Dec-2020 and a 52 week low of Rs. 305.75 on 07-Apr-2020.
Last one week high and low of the scrip stood at Rs. 709.00 and Rs. 659.70 respectively. The current market cap of the company is Rs. 10420.47 crore.
The promoters holding in the company stood at 74.03%, while Institutions and Non-Institutions held 18.91% and 7.06% respectively.
CreditAccess Grameen has raised Rs 50 crore through Rated, Listed, Senior, Secured, Redeemable, Principal Protected Market Linked, Non-Convertible Debentures (NCDs) and allotted 500 NCDs having face value of Rs 10 lakh each on private placement basis.
CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India.
