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Term loan facility of INR 13,200 Crore, syndicated for Greenfield Jalna Nanded Expressway project of MSRDC

SBICAPS is proud to have served as the Sole Financial Advisor & Mandated Lead Arranger for the greenfield Jalna Nanded...

Term loan facility of INR 13,200 Crore, syndicated for Greenfield Jalna Nanded Expressway project of MSRDC. 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.

SBICAPS is proud to have served as the Sole Financial Advisor & Mandated Lead Arranger for the greenfield Jalna Nanded Expressway project of MSRDC, successfully syndicating term loan facility of INR 13,200 Crore. The expressway will span ~180 km, starting at Jalna on the Nagpur-Mumbai Expressway.

We extend our gratitude to all the stakeholders for the seamless execution of loan documents. Special appreciation to Asit Ranjan Sikdar, Nitin Agarwal, Ravi Malhotra, Ragini Shrimal, Soumyadeep Roy for their invaluable contributions to success of this project.

We are excited about this development and its potential to transform the region’s infrastructure and economy. Kudos to MSRDC for their expertise and commitment to this visionary project!

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