Shares of TruCap Finance gained more than 7 per cent in the two sessions to Rs 53 on Thursday, commanding a total market capitalization of more than Rs 600 crore.
TruCap Finance lists equity shares on NSE, sees 6% gain in opening trade. The stock was already listed on BSE earlier. The company s revenue jumps by 52.93%, net income up 362.31% on YoY basis. AUM stands at Rs. 454.9 crores.
TruCap Finance, a BSE-listed NBFC that focuses on MSMEs financing needs, has listed its equity shares on the National Stock Exchange (NSE) today. The MD and CEO of TruCap Finance believe that this move will open doors for more investors to be part of the company s growth story. The company has opened 54 branches from April 2022 until May 2023, taking the total count to 94. It has also tied up with five lenders as L-a-a-S. The company s disbursed loans grew significantly during FY23, jumping to Rs. 10.1 billion from Rs. 4.2 billion in FY22.
TruCap Finance Limited announces its listing on National Stock Exchange of India Limited equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.