Satin Creditcare Network rises on getting nod to raise up to Rs 5,000 crore through NCDs
Satin Creditcare Network is currently trading at Rs. 235.10, up by 2.15 points or 0.92% from its previous closing of Rs. 232.95 on the BSE.
The scrip opened at Rs. 231.20 and has touched a high and low of Rs. 237.60 and Rs. 231.20 respectively. So far 10727 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 247.15 on 04-Jun-2026 and a 52 week low of Rs. 133.50 on 29-Aug-2025.
Last one week high and low of the scrip stood at Rs. 239.70 and Rs. 228.15 respectively. The current market cap of the company is Rs. 2602.70 crore.
The promoters holding in the company stood at 36.17%, while Institutions and Non-Institutions held 8.78% and 55.04% respectively.
Satin Creditcare Network has secured approval to raise up to Rs 5,000 crore through issuance of non-convertible debentures (NCDs), in one or more tranches on private placement basis. The Board of Directors of the company at its meeting held on June 23, 2026 has approved the same. The NCDs are to top be issued within a period of one year from the date of Shareholders’ approval, to any category of investors eligible to invest in the NCDs.
