Capri Global Capital Limited (CGCL) has successfully raised Rs 2,000 crore through a Qualified Institutions Placement (QIP) of equity shares to institutional investors.
The capital raise marks the company’s first QIP in a decade and drew an overwhelming response from a diverse group of domestic and foreign investors. These included long-only funds, mutual funds, and insurance companies such as Quant Mutual Fund, 3P Investment, BlackRock, Think Investments, Allspring Global Investments, ICICI Prudential Life Insurance, HDFC Life Insurance, ICICI Lombard General Insurance, SBI General Insurance, HDFC Ergo General Insurance, and TATA AIF.
The QIP Committee, authorised by the Board of Directors, met on June 12, 2025, to finalise the pricing and allotment of approximately 136.5 million equity shares, in compliance with SEBI’s ICDR Regulations. The successful fundraise reflects investor confidence in CGCL’s business strategy, execution capabilities, technological adoption, and governance standards.
Rajesh Sharma, Managing Director, Capri Global Capital Ltd, said that the QIP proceeds would strengthen the company’s capital base, support growth across key lending segments, and enable further investment in artificial intelligence and data science. He noted that the additional capital would help diversify CGCL’s borrowing channels and expand its liability franchise, while maintaining a focus on inclusive credit access, improved productivity, and long-term resilience.
Capri Global Capital currently manages assets under management (AUM) exceeding Rs 22,857 crore and serves over 5.5 lakh customers through a network of 1,100+ branches and 11,400+ employees. Its loan portfolio spans MSME loans, gold loans, and construction finance, and housing loans offered through its wholly owned subsidiary Capri Global Housing Finance Limited (CGHFL).
The company also operates fee-based businesses including car loan distribution partnerships with 12 banks and a composite license for distributing life, general, and health insurance policies.
Send news announcements/press releases to:
info@b2bmarketmedia.com
