Poonawalla Fincorp gains on raising Rs 250 crore through NCDs
Poonawalla Fincorp is currently trading at Rs. 476.15, up by 4.40 points or 0.93% from its previous closing of Rs. 471.75 on the BSE.
The scrip opened at Rs. 472.25 and has touched a high and low of Rs. 478.00 and Rs. 467.00 respectively. So far 38752 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 570.40 on 06-Oct-2025 and a 52 week low of Rs. 362.95 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 486.00 and Rs. 466.00 respectively. The current market cap of the company is Rs. 42088.48 crore.
The promoters holding in the company stood at 59.02%, while Institutions and Non-Institutions held 26.85% and 14.13% respectively.
Poonawalla Fincorp has raised Rs 250 crore through allotment of 25,000 secured, redeemable, rated, listed, non-convertible debentures (NCDs) of the face value of Rs 1 lakh on private placement basis. The Finance Committee of the company has approved the same on July 16, 2026. The NCDs have a tenure of 1,168 days and carry a coupon rate of 8.1390% per annum.
Poonawalla Fincorp (Formerly known as Magma Fincorp) is a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).
.jpg)
