Allotment of 2600 Non Convertible Debentures on Private Placement at its meeting held on October 24, 2025
As filed · SRG Housing Finance Limited has informed the Exchange regarding allotment of 2600 Non Convertible Debentures on Private Placement at its meeting held on October 24, 2025
What happened
FactSRGHFL has issued and allotted 2,600 non-convertible debentures (NCDs) through private placement, with a face value of INR 100,000 each, totaling INR 26 crores, including a Green Shoe Option of INR 1 crore. The issuance was fully subscribed by four investors, including MUFIN GREEN FINANCE LIMITED and P H FINANCIAL AND INVESTMENTS PRIVATE LIMITED. This follows previous communications regarding the allotment.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
ContradictedIn FY25, with the growth of 7.4%, there has been a disbursement of INR305 crores, which was INR284 crores last year.
With a 26% growth in our loan book, in FY25, to INR759 crores, which was INR601 crores last year.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- for FY26, we will do INR1,000 crores plus. (management committed by FY26)
- The target was that in the coming time we will do a business of INR30 crore, INR40 crore per month. (management committed by FY27)
Evidence
- SRG Housing Finance Limited has informed the Exchange regarding allotment of 2600 Non Convertible Debentures on Private Placement at its meeting held on October 24, 2025(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%