Mahindra & Mahindra Financial Services allots ₹1,250 crore non-convertible debentures (NCDs)
Mahindra & Mahindra Financial Services (BSE: M&MFIN) said it has allotted non-convertible debentures (NCDs) of ₹1,250 crore. The company is valued at about ₹45,654 crore.
What happened
Mahindra & Mahindra Financial Services (BSE: M&MFIN) informed the stock exchanges on 29 September 2026 at 12:40 PM that it has allotted non-convertible debentures (NCDs) of ₹1,250 crore.
From the filing: "The same includes Base issue size of Rs. 10 00 Crore plus Green shoe subscription of Rs. 25 0 Crore aggregating to Rs. 1250 Crore."
How big is it?
At ₹1,250 crore, the issue is equal to about 2.7% of the company's market value of ₹45,654 crore.
Company snapshot
Mahindra & Mahindra Financial Services is a mid-cap company in the Financial Services sector, with a market value of about ₹45,654 crore.
The stock last traded at ₹328.5, against a 52-week range of ₹269.5–₹415 (20.9% below the high).
Before this filing the shares had moved −13.1% over the month and +5.5% over three months. Average daily turnover over the last 20 sessions was about ₹63.16 crore.
Promoters held 52.49% at the end of Q1 FY27. Foreign institutions owned 9.53% and domestic institutions 31.49%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 4,991 | 527.9 | 4.06 |
| Q2 FY26 | 5,026 | 564.5 | 4.06 |
| Q3 FY26 | 5,450 | 824.2 | 5.93 |
| Q4 FY26 | 5,539 | 938 | 6.75 |
| Q1 FY27 | 5,718 | 926 | 6.66 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.6% on average the next trading day and was up 4.1% on average after five days (2 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and +0.4% over five days; 50% of them rose the next day.
Market-wide, 1,465 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.5%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 18 Jun 2026 | Fund raising | −1.1% | +10.4% |
| 15 Jun 2026 | Fund raising | −0.1% | −2.2% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 21 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.