Capital First Ltd.
Capital First Ltd. was an Indian non-bank financial institution providing debt financing to small entrepreneurs, MSMEs (Micro, Small and Medium Enterprises) and Indian consumers. Capital First was founded in 2012 by V. Vaidyanathan.
| Formerly | Future Capital Holdings |
|---|---|
| Company type | Public |
Traded as | BSE: 532938 NSE: CAPF |
| ISIN | INE688I01017 |
| Industry | Non-bank financial institution |
| Founded | 2008 |
| Founder | V. Vaidyanathan |
| Defunct | 18 December 2018 |
| Fate | Merged with IDFC Bank to form IDFC First Bank |
| Successor | IDFC First Bank |
| Headquarters | One Indiabulls Centre, Senapati Bapat Marg, Lower Parel (West), Mumbai, Maharashtra , India |
Area served | India |
Key people |
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| Revenue | ₹3,628.2517 crore (US$450 million) (2018) |
| ₹454.5678 crore (US$57 million) (2018) | |
Net income | ₹327.0101 crore (US$41 million) (2018) |
| AUM | ₹26,997 crore (US$3.4 billion) (2018) |
| Total assets | ₹23,981.620 crore (US$3.0 billion) (2018) |
| Total equity | ₹2,549.9674 crore (US$320 million) (2018) |
| Owners | Cloverdell Investment Ltd (34.29%) Government of Singapore (9.0%) |
| Subsidiaries |
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| Rating | AAA |
| Website | www |
The company was listed on the NSE and BSE. The market cap of the company grew from ₹ 7.81 billion (31 March 2012) to ₹60.96 billion (31 March 2018)
In December 2018, the non-banking financial company (NBFC) Capital First and the private sector lender IDFC Bank announced the completion of their merger, which has created a combined loan asset book of ₹1.03 lakh crore for the newly merged entity. The merged entity is set to be called IDFC First Bank, subject to approval by its shareholders.
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