Capri Global Capital’s board green‑lit a ₹4,000 crore capital raise, allowing the firm to tap equity, debt, and convertible instruments in a single tranche or multiple tranches, according to the regulatory filing. The move comes as the company sets sights on over ₹1 lakh crore in assets under management (AUM) by 2029, up from roughly ₹40,000 crore today.
The AUM target represents a 250% jump from the current base, outpacing the sector average growth of about 150% over the same horizon. The plan hinges on aggressive retail expansion and a projected 55% share of gold loans in the overall book, a figure that matches the benchmark set by top NBFC peers.
Branch growth is central to the strategy: Capri plans to add roughly 400 new outlets this year, swelling its network from 1,433 to around 1,833 branches. Manager Rajesh Sharma noted that established branches should reach an average AUM of ₹21–22 crore, while newer sites are expected to generate less than ₹5 crore each.
Loan‑to‑value ratios sit at about 71%, a level the firm says remains manageable even as gold prices cool. The capital raise will help shore up liquidity for auctions and timely collections, keeping the portfolio’s risk profile in line with regulatory norms.
Looking ahead, Capri expects to report Q4 earnings by late November, with analysts eyeing a 10–12% rise in net profit margin. The company’s board is also reviewing a potential dividend payout, a move that could lift investor sentiment amid the funding announcement.