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Prachay Capital’s Public Issue of Secured NCDs Fully Subscribed at 113.36%

Prachay Capital Limited, an RBI-registered Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC), has successfully closed its public issue of Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) at 113.36% subscription, according to exchange data. The issue, which opened on February 28, 2025, on the Bombay Stock Exchange (BSE), aimed to raise Rs 50 crore (excluding the greenshoe option) and closed on March 13, 2025. With a BSE listing, this issue was open for subscription to retail investors, high-net-worth individuals (HNIs), institutional investors, and corporates. The maiden NCDs issue is scheduled to list on 24 March 2025. Rated BBB-/Stable by CRISIL, these NCDs offer investors a 13% per annum return with monthly interest payouts, making them an attractive fixed-income opportunity. The proceeds will be deployed as per the company’s stated fund allocation plan. Fund Utilization: Minimum 75% for the purpose of onward lending, investments in current and...

FreshBus Celebrates Women’s Day with Free Fresh Cards for Female Travelers

This Women’s Day, FreshBus is celebrating the spirit of independence by making travel more affordable and accessible for female passengers. As a special initiative, FreshBus is offering Fresh Cards for free to women traveling on March 7th & 8th across all its routes. How to Avail the Offer? Women who book their tickets through the FreshBus website or app can enjoy this exclusive benefit. The Fresh Card provides a total savings of Rs 500, offerinRs 50 off on each of their next 10 rides, making intercity travel even more economical. What is the Fresh Card? Recently introduced by FreshBus, the Fresh Card is designed for frequent travelers, offering savings on every trip. With FreshBus rapidly expanding its network, the Fresh Card is set to become an even more valuable travel companion for regular commuters. A Commitment to Women’s Comfort & Safety Sudhakar Reddy Chirra, Founder & CEO , FreshBus, emphasized the company’s dedication to enhancing the travel experience for women: ...

Press Release: Prachay Capital Limited (Company/ Issuer / Prachay Capital) Announces Public Issue of Secured NCDs

Prachay Capital Limited, an RBI-registered Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC), has announced the public issue of its Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) to raise up to ₹100 Crore. The BBB-/Stable CRISIL-rated NCDs offer investors a 13% p.a. return with monthly interest payments, making it a fixed-income investment opportunity. The proceeds from this issue of NCDs will be primarily used for the stated fund utilization. Speaking about the issue, Mr Girish Murlidhar Lakhotiya, Managing Director, Prachay Capital Limited said: "This NCD issue is a key step in Prachay Capital’s expansion strategy. With our focus on structured corporate lending and investment in private debt instruments, we aim to generate strong and sustainable returns for our investors while maintaining a robust financial profile. Prachay Capital has zero delays in servicing liabilities and has Gross NPA of 0% on its Assets Under Management (AUM). The Compa...

Country Delight Launches NMR-Tested Honey: The Gold Standard of Purity

Country Delight continues strengthening its promise of delivering the best purity and quality by launching 100% Pure Farm Honey (NMR Tested) Country Delight, a trusted name in premium and natural essentials, has announced the launch of 100% Pure Farm Honey (NMR Tested). Country Delight’s Farm Honey is Nuclear Magnetic Resonance (NMR) tested by a certified lab in Germany, making it one of the most authentic and reliable kitchen ingredients available to Indian homes. It also undergoes rigorous testing on 36 quality parameters as per FSSAI standards, including physicochemical, antibiotic and microbial, to rule out the presence of added sugars. Honey is not just a natural sweetener; it is increasingly valued for its functional benefits. With Country Delight's NMR-tested honey, consumers can enjoy a product that supports wellness through its natural composition, which is rich in antioxidants and phytonutrients and offers advantages over refined sugars. Adulteration with cheaper ...

Smallcase Platform: 2025 Wealth Creation Strategies to Achieve Your Investment Goals

By Dr. Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital In the intricate world of finance, wealth creation is a universal aspiration among investors, though few truly attain it. With a plethora of investment products, philosophies, and strategies available, the challenge is identifying an approach that not only offers returns but also minimizes risk. At OmniScience Capital, we believe the key to successful wealth creation lies in a scientific and disciplined investment strategy. Our unique offerings, rooted in the principles of Scientific Investing, are designed to help you achieve your financial goals with confidence. Pioneering Global Investing and Outperforming on Smallcase Platform OmniScience Capital, a global investment management firm specializing in global and Indian equities, is a pioneer in global investing and growth vectors such as Defense and Digital Transformation. Our strategies have consistently identified and capitalized on growth vectors tha...

Skydo receives Amazon Payment Service Provider (PSP) approval to Simplify Cross-Border Payments for Indian Exporters

Skydo, a leading cross border payments platform has received Payment Service Provider (PSP) approval from Amazon. This makes Skydo one of the first homegrown platforms to offer seamless international payments for lakhs of Indian exporters selling on Amazon global marketplaces. With this, exporters on Amazon can receive their international payouts through Skydo in a secure and cost-effective manner. Skydo is partnered with HDFC Bank and compliant with RBI regulations. Through their payment solutions, Skydo has already empowered over 10,000 Indian exporters to receive their international payments seamlessly. Amazon has recently announced plans to enable over USD 80 billion in cumulative e-commerce exports from India by 2030, quadrupling its earlier pledge of USD 20 billion by 2025. This highlights the robust demand for ‘Made in India’ products and the crucial role of payment service providers like Skydo in processing international payments for India’s rapidly growing exports. As part of ...