Moongipa Capital Finance shines on executing strategic agreements with MoneyAse, Quess Corp
Moongipa Capital Finance is currently trading at Rs. 18.00, up by 1.06 points or 6.26% from its previous closing of Rs. 16.94 on the BSE.
The scrip opened at Rs. 17.00 and has touched a high and low of Rs. 18.51 and Rs. 17.00 respectively. So far 12245 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 22.49 on 24-Jul-2025 and a 52 week low of Rs. 12.00 on 27-Mar-2026.
Last one week high and low of the scrip stood at Rs. 18.51 and Rs. 15.00 respectively. The current market cap of the company is Rs. 16.50 crore.
The promoters holding in the company stood at 37.39%, while Non-Institutions held 62.61% stake in the company.
Moongipa Capital Finance has executed strategic agreements with Codemodulu Financial Investment Services (MoneyAse) and Quess Corp /BCPL for strengthening its digital lending business.
Under these arrangements, the company will leverage the MoneyAse digital platform for customer sourcing, digital onboarding and loan servicing support, while all lending decisions, credit appraisal, sanction, pricing, disbursement and regulatory compliance shall remain exclusively with the company. The collaboration will also facilitate digital lending solutions to eligible employees of the Quess Group through a technology-enabled platform.
The above strategic arrangements are expected to enhance the company's digital lending capabilities, expand customer reach and improve operational efficiency in compliance with the applicable regulatory framework issued by the Reserve Bank of India.
