📈CMP: ₹10.96| 🚀 Up 4.98% | 🏦 Sector: NBFC | 🎯 Fresh Capital: ₹207 Cr
🧵 At a Glance
On May 26, 2025,TruCap Finance(TRU) announced its biggest corporate makeover yet:TheMarwadi Chandarana Group (MCG)is acquiring a~75% stakethrough a₹207 Cr capital infusionand secondary share purchase, kicking off a mandatoryopen offer. The existing promoters? Walking away with zero stake — and maybe a few regrets.
The real question: Can this sleepy NBFC with 117 branches finally become something bigger, or is this just another small-cap pump with a press release?
🏢 About TruCap Finance Ltd
- Started Lending: 2018
- Business: NBFC with focus on:
- Gold Loans
- MSME Business Loans
- EV Financing
- Branch Network: 117 across Tier 2, 3, 4 towns
- Borrowers Served: 4.46
- lakh+
- Disbursements Till Date: ₹5,550+ Cr
- Current Active Borrowers: 65,640
- Partners: 40+ banks and FIs over 5 years
In short, it’s likea mini-Muthoot + LendingKart, but with better press this week.
🧑💼 The New Promoter: MCG Group
- Full Name: Marwadi Chandarana Intermediaries Brokers Pvt. Ltd
- What they do:
- Stock broking
- Capital markets infra
- Education ventures
- Renewable energy 🌀
- Net Worth: ₹2,500 Cr
- Legacy: 30+ years in finance — basically old money + new ambition
The group already has brokerage DNA. Now they want to become a B2C credit play. This deal is their “Fintech 2.0” entry.
🧾 The Deal Terms
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