Moneyboxx Finance gains on getting nod to raise funds up to Rs 7.5 crore through NCDs
Moneyboxx Finance is currently trading at Rs. 161.00, up by 0.50 points or 0.31% from its previous closing of Rs. 160.50 on the BSE.
The scrip opened at Rs. 161.40 and has touched a high and low of Rs. 161.40 and Rs. 161.00 respectively. So far 514 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 199.00 on 07-Dec-2022 and a 52 week low of Rs. 125.25 on 16-Mar-2023.
Last one week high and low of the scrip stood at Rs. 167.95 and Rs. 158.95 respectively. The current market cap of the company is Rs. 403.41 crore.
The promoters holding in the company stood at 54.04%, while Non-Institutions held 45.96% in the company.
Moneyboxx Finance has received approval to raise funds not exceeding Rs 7.5 crore through issuance of Unlisted, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs). The Board of Directors of the Company has at its meeting held on August 26, 2023 has approved the same.
Moneyboxx Finance is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.
