| Issue Size (Base) | ₹75.00 Cr |
| Face Value | โน1000 each NCD |
| Issue Price | โน1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | โน10000 |
| Listing at | BSE |
| Credit Rating | Crisil Ratings Limited : BBB- |
Prachay Capital Ltd.'s revenue increased by 38% and profit after tax (PAT) rose by 14% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 371.60 | 313.20 | 233.93 |
| Total Income | 58.63 | 42.54 | 36.74 |
| Profit After Tax | 12.53 | 11.02 | 10.32 |
| Amount in ₹ Crore | |||
The promoter of the company is Girish Murlidhar Lakhotiya.
| # | Issue Objects |
|---|---|
| 1 | For the purpose of onward lending |
| 2 | For the purpose of investments in current and future AIF schemes of our alternate asset management business managed by their Subsidiary Prachay Investment Managers Private Limited, which investments will be used for investments in unlisted privately placed corporate bonds. |
| 3 | For repayment / pre-payment, in full or in part, of certain outstanding borrowings availed by the Company |
| 4 | General Corporate Purposes. |
| Series 1 | Series 2 | Series 3 | |
|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Monthly |
| Nature | Secured | Secured | Secured |
| Tenor | 36 Months | 48 Months | 60 Months |
| Coupon (% per Annum) | 12.50% | 12.75% | 13.00% |
| Effective Yield (% per Annum) | 13.24% | 13.52% | 13.80% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
Prachay Capital Limited is a non-deposit taking NBFC registered with the RBI. The company focuses on offering structured finance solutions to real estate developers, mainly in the mid to large business segment. Its core operations are based in Pune, Maharashtra, with expansion plans targeting cities like Hyderabad and Bhubaneswar.
Prachay Capital is part of the Prachay Group, which also includes Prachay Advisors, a boutique investment banking firm.