Regency Fincorp Limited has announced two private placement issuances of secured, rated and listed Non-Convertible Debentures (NCDs), aggregating up to Rs 110 crore, as the non-banking financial company continues to strengthen its funding profile and support future lending growth.
The proposed fundraise comprises a Rs 60 crore NCD issuance and a Rs 50 crore issuance. The company said the proceeds will provide greater financial flexibility and support the expansion of its lending franchise across MSMEs, retail customers and emerging businesses.
The Rs 50 crore issuance will comprise up to 50,000 NCDs with a face value of Rs 10,000 each. These NCDs will carry a coupon rate of 13 per cent per annum, payable monthly, and will have a tenure of 36 months. The issuance will be backed by a security cover of 1.35x, including secured receivables.
Meanwhile, the Rs 60 crore issuance will comprise up to 60,000 NCDs with a face value of Rs 10,000 each. The NCDs will offer a coupon rate of 13.50 per cent per annum, payable monthly, with a tenure of 15 months and a security cover of 1.25x.
Gaurav Kumar, Managing Director, Regency Fincorp Limited, said, “Securing Rs 110 crore through these NCD issuances marks an important step in strengthening Regency Fincorp’s funding profile and enhancing our ability to support the continued growth of our lending franchise. The secured and rated structure reflects the confidence of our funding partners in our business model and credit discipline.”
He added that the company remains focused on maintaining a diversified and robust liability profile while expanding access to credit. The additional funding is expected to support sustainable portfolio growth while the company continues to maintain discipline around risk, asset quality and responsible lending.
The latest fundraise comes as Regency Fincorp continues to use the private placement route to diversify its debt funding. The company had previously announced multiple secured NCD issuances during 2026, reflecting its ongoing focus on building a stronger and more diversified funding base.
Send news announcements/press releases to:
editor@thefoundermedia.com
