India's Capri Global Capital plans to launch debut public bond issue

Capri Global Capital

09/04/2026 04:40

Corrects headline, first paragraph in April 9 story to drop reference to the bond issue being the company's first public debt sale

By Dharamraj Dhutia

MUMBAI, April 9 (Reuters) - India's Capri Global Capital CAPG.NS is set to raise 5 billion rupees ($54.05 million) through a public bond issue, offering investors returns as high as 9.50%, according to a termsheet seen by Reuters.

The non-banking finance company plans to issue bonds with maturities of two, three, five and 10 years. For the three-year and five-year options, investors can also choose a monthly interest payout.

The company will offer annual coupon rates of 9.00% for two-year bonds, 9.15% for three-year bonds, 9.30% for five-year bonds, and 9.50% for 10-year bonds.

For those opting for monthly payouts, the rates are slightly lower: 8.80% for three-year bonds and 8.93% for five-year bonds, resulting in effective yields of 9.15% and 9.30%, respectively.

This issuance marks the first tranche of a larger plan, with Capri Global Capital aiming to raise 20 billion rupees through public issue of bonds, merchant bankers said.

The bonds have received an AA rating from Acuite Ratings and Infomerics Valuation, and are scheduled to open for subscription on April 15.

In the broader market, Indian companies raised approximately 107 billion rupees through public debt issues in the previous financial year, up from 81.5 billion rupees in fiscal 2025.

($1 = 92.5030 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sherry Jacob-Phillips)

 ((Dharamraj.Dhutia@thomsonreuters.com;))