Crescentis Capital Board Approves Rights Issue to Raise Up to ₹80 Crore

Key numbers

Fund Raise	₹80.00 CrRights Issue Size
Market Cap	₹174.22 CrMicro Cap
Revenue Qtr Growth	121.03%YoY Increase
Operating Margin	89.29%Quarterly OPM

Key highlights

• Rights issue size approved for an aggregate amount up to ₹80 crore including premium
• Equity shares to be issued with a face value of ₹10 each to eligible shareholders
• Board approved the Draft Letter of Offer for filing with BSE Limited
• Fund Raising Committee to finalize the record date, issue price, and entitlement ratio
• Company reported 121.03% YoY quarterly revenue growth prior to the announcement
• Promoter holding remains stable at 74.98% with zero pledged shares

Details of the Rights Issue

The board of Crescentis Capital Limited, in a meeting held on September 30, 2026, approved the issuance of fully paid-up equity shares via a rights issue to eligible shareholders. The total value of the issuance is capped at 80 crore, which includes the equity premium. Each share carries a face value of 10.

The board has also authorized the Draft Letter of Offer to be filed with BSE Limited for seeking in-principle approval for the listing of new shares. Specific details regarding the record date, final issue price, and the rights entitlement ratio will be determined and notified by the Fund Raising Committee at a later stage.

Financial and Business Context

Crescentis Capital, formerly known as Som Datt Finance Corporation Limited, is a Hyderabad-based Non-Banking Financial Company. The company recently reported a robust quarterly performance with operating revenue of 10.94 crore and a net profit of 7.82 crore, reflecting year-on-year growth of 121.03 percent and 133.08 percent respectively. The firm maintains an operating profit margin of 89.29 percent.

With a promoter holding of 74.98 percent, the management retains a significant stake in the business. The current market price of 102.4 reflects a TTM price-to-earnings ratio of 147.89, compared to the industry average of 27.85.

Strategic Rationale and Sector Trends

• Strengthening of the capital base to support lending and investment activities in the finance sector
• Alignment with regulatory requirements for NBFCs to maintain healthy capital adequacy ratios
• Utilization of the rights issue mechanism to offer existing shareholders an opportunity to participate in growth
• Expansion of financial services following the company's rebranding from Som Datt Finance Corporation
• Leveraging the recent momentum in quarterly net profit growth which surged 206 percent sequentially

Industry Outlook

The Indian NBFC sector is currently experiencing a period of consolidation and capital raising as firms look to tap into rising credit demand across retail and MSME segments. Many mid-sized financial entities are fortifying their Tier-1 capital to navigate tighter regulatory frameworks and enhance their borrowing leverage. Crescentis Capital's move to raise 80 crore aligns with these broader industry trends, where established players are seeking to balance aggressive growth with balance sheet stability in a competitive interest rate environment.

Crescentis Capital · financial snapshot

Share price	₹102.4
Market capitalisation	₹174.22
Revenue (annual)	₹1.48
Net profit (annual)	₹-2.53
P/E (TTM)	147.89×Sector 21.53×
Promoter holding	74.98%0.00% QoQ
FII holding	0%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.