+
Shalibhadra Finance Raises Rs 195 Mn Through Secured NCDs
ECONOMY & POLICY

Shalibhadra Finance Raises Rs 195 Mn Through Secured NCDs

Shalibhadra Finance Limited (SFL) has completed a debt raise of Rs 195 mn through the issuance of secured, rated, and listed Non-Convertible Debentures (NCDs). The issue carries a coupon of 12 per cent per annum and has a two year tenure. Interest will be paid monthly while principal repayments are scheduled on a six monthly basis. The NCDs are rated ICRA BBB minus with a stable outlook and will be listed on the BSE wholesale debt segment.

The managing director indicated that the fundraise is intended to optimise the company’s liability profile and enhance financial flexibility to support lending operations. The proceeds will be deployed to strengthen small ticket asset financing across rural and semi urban markets where the company operates. The company emphasised that the structure supports efficient asset liability management and regular cash flows for investors through monthly coupons. The move was presented as aligned with disciplined growth and long term value creation objectives.

Shalibhadra Finance Limited is a retail focused non banking finance company with operations concentrated in Gujarat, Maharashtra and Madhya Pradesh. The firm maintains a network of over 60 branches offering small ticket financing and customised retail products including new and used two wheelers, four wheelers and property loans. It follows an asset backed lending model with emphasis on risk management and asset quality supported by governance and technology enabled operations. The company reported assets under management of over 2 bn and an active customer base exceeding 0.1 mn.

The NCD issue was structured as secured and listed on the BSE to provide transparency and secondary market access for investors. The company noted investor confidence in its business model and said the issuance will aid in optimising the overall cost of funds. Further enquiries can be directed to the company or its advisor as per the press release.

Shalibhadra Finance Limited (SFL) has completed a debt raise of Rs 195 mn through the issuance of secured, rated, and listed Non-Convertible Debentures (NCDs). The issue carries a coupon of 12 per cent per annum and has a two year tenure. Interest will be paid monthly while principal repayments are scheduled on a six monthly basis. The NCDs are rated ICRA BBB minus with a stable outlook and will be listed on the BSE wholesale debt segment. The managing director indicated that the fundraise is intended to optimise the company’s liability profile and enhance financial flexibility to support lending operations. The proceeds will be deployed to strengthen small ticket asset financing across rural and semi urban markets where the company operates. The company emphasised that the structure supports efficient asset liability management and regular cash flows for investors through monthly coupons. The move was presented as aligned with disciplined growth and long term value creation objectives. Shalibhadra Finance Limited is a retail focused non banking finance company with operations concentrated in Gujarat, Maharashtra and Madhya Pradesh. The firm maintains a network of over 60 branches offering small ticket financing and customised retail products including new and used two wheelers, four wheelers and property loans. It follows an asset backed lending model with emphasis on risk management and asset quality supported by governance and technology enabled operations. The company reported assets under management of over 2 bn and an active customer base exceeding 0.1 mn. The NCD issue was structured as secured and listed on the BSE to provide transparency and secondary market access for investors. The company noted investor confidence in its business model and said the issuance will aid in optimising the overall cost of funds. Further enquiries can be directed to the company or its advisor as per the press release.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code