Poonawalla Fincorp inches up on raising Rs 75 crore via NCDs
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Poonawalla Fincorp inches up on raising Rs 75 crore via NCDs
Apr-09-2024 10:22 Hrs IST
Poonawalla Fincorp is currently trading at Rs. 487.10, up by 0.65 points or 0.13% from its previous closing of Rs. 486.45 on the BSE.
The scrip opened at Rs. 494.45 and has touched a high and low of Rs. 494.45 and Rs. 483.35 respectively. So far 15469 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 519.95 on 19-Jan-2024 and a 52 week low of Rs. 285.40 on 10-Apr-2023.
Last one week high and low of the scrip stood at Rs. 506.80 and Rs. 471.60 respectively. The current market cap of the company is Rs. 37619.93 crore.
The promoters holding in the company stood at 62.07%, while Institutions and Non-Institutions held 13.36% and 24.56% respectively.
Poonawalla Fincorp has raised Rs 75 crore through the allotment of 7,500 secured, redeemable, rated, listed, Non-Convertible Debentures (NCDs) of the face value of Rs 1 lakh each on private placement basis. The Finance Committee, as authorized by the Board of Directors of the Company has on April 08, 2024, approved allotment of the same.
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).
