Capital First

Sebi slaps Rs 6 lakh fine on Capital First for disclosure lapses

Capital markets regulator Sebi on Wednesday imposed a penalty of Rs 6 lakh on Capital First Ltd for not disclosing encumbrance on shares of Deccan Chronicle Holdings Ltd (DCHL)

Capital First Q2 PAT zooms over three-fold to Rs 1 bn, core income up 49%

Net interest income grew 55% to Rs 6.15 billion at the end of Q2 FY2019, contributing significantly to the high growth in the company's core income

Capital First PAT up by 55% to Rs 1 bn for quarter ended June 2018

As a consequence of migrating to the IND-AS accounting standards, the net-worth of the company has risen by Rs 2.4 bn to Rs 28.6 bn as on June 30, 2018

Capital First to raise up to Rs 1 bn via private placement of bonds

Capital First specialises in providing debt financing to MSMEs and consumers in the country

Capital First to raise Rs 15-bn via bonds to fund business growth

The bonds will carry two options with coupon rates of 8.80 per cent each for maturities of two years and three years

Capital First Q3 net profit up by 42% on Y-o-Y basis; revenue rises 49%

Earnings per Share (Basic) have risen considerably since the third quarter of FY2017, from Rs 6.57 to Rs 8.81 for the third quarter ending FY2018

FIIs restricted from buying shares in Capital First

The RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis

Investor worry not warranted on Warburg's part exit from Capital First

The stock of Capital First fell a little over five per cent on Wednesday, reacting to its private equity promoter, Warburg Pincus, making a partial exit. At the opening of trade, Capital First announced that Cloverdell Investment, an affiliate of the Warburg Pincus group, would initiate this. During the day Warburg sold about 25 million equity shares (nearly 25 per cent stake) held in the company. With this deal, Warburg's stake in Capital First has reduced to about 36 per cent, from 59.78 per cent. However, investors need not read much into this. On the downside, Warburg was an initial investor in Capital First, in 2012, and was instrumental in the non-banking finance company acquiring the operations of Future Capital, which has helped Capital First to hasten its loan growth. In this context, some analysts feel Warburg's part-exit might be a sentiment dampener, justifying the five per cent fall in the stock price.However, a large section also feel the exit might be linked to the ...

Capital First to raise Rs 700 crore through bonds

Bond comes with 2 options, tenure of 3 years and 5 years with coupon rate of 8.35% and 8.40%

Capital First Q1 net profit rises 46% to Rs 45 crore

Stock of the company closed 5.74% down at Rs 686.65 on BSE