Poonawalla Fincorp has raised ₹150 crore through the allotment of 15,000 unsecured Tier II NCDs carrying an annual coupon of 8.4308 per cent and maturing in April 2036.
Poonawalla Fincorp Limited on Friday allotted 15,000 unsecured, subordinated, non-convertible debentures (NCDs) constituting Tier II capital, raising ₹150 crore at a coupon rate of 8.4308 per cent per annum. The company’s Finance Committee approved the allotment on August 21, 2026.
NCDs to mature in 2036
The NCDs, each with a face value of ₹1 lakh. The aggregate amount received stood at ₹153.54 crore, including accrued interest of ₹4.12 crore and a discount of ₹57.97 lakh. The instruments mature on April 24, 2036, a tenure of approximately 3,534 days from allotment, and will be listed on the Debt Market Segment of BSE Limited.
Penalty coupon for delayed payments
The debentures are unsecured and carry a penalty coupon of 2 per cent above the applicable rate in the event of delayed payment of interest or principal for more than 3 months.
Shares close lower on NSE
On the equity side, Poonawalla Fincorp shares closed at ₹490.05 on the NSE, down 0.81 per cent from the previous close of ₹494.05, with a trading volume of 7.48 lakh shares worth ₹36.88 crore. The stock touched an intraday high of ₹499.55 before retreating. The company’s total market capitalisation stood at ₹43,233 crore.
The stock trades at a price-to-earnings multiple of 55.28 and has returned approximately 8.93 per cent over the past year, underperforming the broader NIFTY 500’s 1.70 per cent gain over the same period.
Published on August 21, 2026
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