Satin Creditcare plans Rs 50-crore NCD issue

Satin Creditcare Network is set to raise at least ₹50 crore through the issuance of non-convertible bonds, offering an annual interest rate of 11.5%. The allotment to investors is scheduled for July 21, with a greenshoe option of ₹25 crore. These ...

By ET Bureau | Jul 15, 2025, 06.18 AM IST

The bonds will be privately placed to institutional investors. The interest payment will be done on a monthly basis, the company said.

Microfinance lender Satin Creditcare Network will look to raise a minimum ₹50 crore by selling non-convertible bonds by paying 11.5% a year.

The issue, to be allotted to investors on July 21, has a greenshoe option of ₹25 crore. The bonds will be privately placed to institutional investors. The interest payment will be done on a monthly basis, the company said.

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