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SBICAPS acted as an arranger in the NCD issue of Rs. 1124 crore

We are proud to announce that two special purpose vehicles of Adani Road Transport Limited i.e., Suryapet Khammam Road Private...

SBICAPS acted as an arranger in the NCD issue of Rs. 1124 crore. Infographic showing Deal Summary: Issue Size ₹15,512 Cr, Issue Price ₹326, Issue Period Oct 6-8, 2025. Subscription Details: Overall 1.96x, QIB 3.41x, NII 2.00x, Retail 1.12x. Company Highlights: Third largest diversified NBFC in India with INR 2,334 billion total gross loans. SBICAPS raised ~INR 4.0 Lakh Cr for clients since April 2020.

Deal Summary: Issue Size: ₹15,512 Cr. Issue Price: ₹326. Issue Period: Oct 6 – Oct 8, 2025.

Subscription Details: Overall: 1.96 times, QIB: 3.41 times, NII: 2.00 times, Retail: 1.12 times.

Company Highlights: Tata Capital is the flagship financial services company of the Tata group with a legacy of over 150 years; third largest diversified NBFC in India with Total Gross Loans of INR 2,334 billion as of June 30, 2025; comprehensive suite of 25+ lending products serving over 7.3 million customers.

Market Position: SBICAPS continues to dominate Indian Equity Capital Markets space, raising ~INR 4.0 Lakh Cr. for its clients since April 2020.

We are proud to announce that two special purpose vehicles of Adani Road Transport Limited i.e., Suryapet Khammam Road Private Limited (SKRPL) & Mancherial Repallewada Road Private Limited (MRRPL) have raised a remarkable ₹1124 crores through the issuance of Non-Convertible Debentures (NCDs) in October 2024. This transaction involved the issuance of two series of bonds for each company—one senior series at a competitive coupon rate of 8.08% and one subordinated series at 8.28%, both payable semi-annually.

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