Capital First

Sovereign wealth fund GIC invests $51m in India’s NBFC Capital First

Capital First, a Mumbai-based non-banking finance company (NBFC), is raising Rs 340 crore ($50.9 million) from Caladium Investment Pvt Ltd, an affiliate of Singapore’s sovereign wealth fund GIC, the company said in a statement on Friday. The NBFC will allot 4.7 million shares to GIC on a preferential basis at Rs 712.70 each aggregating to Rs 340.7 crore. The deal […]

Read more

Capital First to raise Rs 340 cr from Caladium Investment

Non-banking financial company Capital First today said it plans to raise Rs 340 crore through preferential issue. The firm has proposed to raise Rs 340 crore on a preferential basis by allotting 47.8 lakh shares to Caladium Investment, an affiliate of GIC, Singapore's sovereign wealth fund at Rs 712.7 per share, a statement said. Post this transaction, the total capital (including […]

Read more
1 2 3