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Shriram City Union Finance is currently trading at Rs. 1674.50, up by 52.90 points or 3.26% from its previous closing of Rs. 1621.60 on the BSE.

The scrip opened at Rs. 1658.50 and has touched a high and low of Rs. 1694.45 and Rs. 1640.00 respectively. So far 1011 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2600.00 on 14-Sep-2021 and a 52 week low of Rs. 1402.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 1767.30 and Rs. 1584.15 respectively. The current market cap of the company is Rs. 11083.20 crore.

The promoters holding in the company stood at 34.61%, while Institutions and Non-Institutions held 32.17% and 33.22% respectively.

Shriram City Union Finance has received approval to raise up to Rs 750 crore by issuing secured, rated, listed, redeemable, principal-protected and market-linked non-convertible debentures (NCDs) for an amount of Rs 100 crore. There will also be a green shoe option of up to Rs 650 crore. The debt capital will be raised in one or more tranches on a private placement basis. The Banking and Securities Management Committee (Committee) of the company at its meeting held on May 4, 2022 as approved the same.

Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.