Mantra Capital
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Mantra Capital allotted 15,00,000 equity shares of Rs10 each to promoter and managing director Deepa Kishor Tracy on 24 September 2026 on conversion of an equal number of warrants. The company received Rs10 per warrant as balance consideration, aggregating Rs1.50 crore, under the Rs20 issue price set for the warrants. Paid-up capital increased to Rs37.38 crore comprising 3,73,86,224 fully paid shares. The warrants formed part of 45,00,000 warrants allotted on 8 April 2026, each convertible into one equity share within 18 months, leaving 30,00,000 warrants outstanding. The net loan book stood at Rs100.00 crore at 31 March 2026 against Rs26.15 crore a year earlier, while managed assets reached Rs123 crore in June 2026 across 3,042 loans and 20 branches. Revenue for the year to March was Rs16.32 crore, with borrowings of Rs78.12 crore and debt securities of Rs12.83 crore.
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Mantra Capital allotted 15,00,000 equity shares of Rs10 each to promoter and managing director Deepa Kishor Tracy on 24 September 2026 on conversion of an equal number of warrants. The company received Rs10 per warrant as balance consideration, aggregating Rs1.50 crore, under the Rs20 issue price set for the warrants. Paid-up capital increased to Rs37.38 crore comprising 3,73,86,224 fully paid shares. The warrants formed part of 45,00,000 warrants allotted on 8 April 2026, each convertible into one equity share within 18 months, leaving 30,00,000 warrants outstanding. The net loan book stood at Rs100.00 crore at 31 March 2026 against Rs26.15 crore a year earlier, while managed assets reached Rs123 crore in June 2026 across 3,042 loans and 20 branches. Revenue for the year to March was Rs16.32 crore, with borrowings of Rs78.12 crore and debt securities of Rs12.83 crore.
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Jan 27 (Reuters) - Savani Financials Ltd SAFN.BO:
SAVANI FINANCIALS LTD - BOARD TO CONSIDER FUND RAISING VIA EQUITY SHARES AND WARRANTS
Source text: ID:nBSE623dNy
Further company coverage: SAFN.BO
(([email protected];;))
Jan 27 (Reuters) - Savani Financials Ltd SAFN.BO:
SAVANI FINANCIALS LTD - BOARD TO CONSIDER FUND RAISING VIA EQUITY SHARES AND WARRANTS
Source text: ID:nBSE623dNy
Further company coverage: SAFN.BO
(([email protected];;))
May 5 (Reuters) - Savani Financials Limited SAFN.BO:
TO ISSUE NCDS UPTO 150 MILLION RUPEES
Source text: ID:nBSE8nR4TC
Further company coverage: SAFN.BO
(([email protected];))
May 5 (Reuters) - Savani Financials Limited SAFN.BO:
TO ISSUE NCDS UPTO 150 MILLION RUPEES
Source text: ID:nBSE8nR4TC
Further company coverage: SAFN.BO
(([email protected];))
March 28 (Reuters) - Savani Financials Limited SAFN.BO:
APPROVES CONVERSION OF 15,041 PARTLY PAID-UP SHARES TO FULLY PAID-UP SHARES
Source text: ID:nBSE6Hycn0
Further company coverage: SAFN.BO
(([email protected];;))
March 28 (Reuters) - Savani Financials Limited SAFN.BO:
APPROVES CONVERSION OF 15,041 PARTLY PAID-UP SHARES TO FULLY PAID-UP SHARES
Source text: ID:nBSE6Hycn0
Further company coverage: SAFN.BO
(([email protected];;))
Jan 18 (Reuters) - Savani Financials Limited SAFN.BO:
REAPPOINTS DEEPA TRACY AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSEgF4Qz
Further company coverage: SAFN.BO
(([email protected];))
Jan 18 (Reuters) - Savani Financials Limited SAFN.BO:
REAPPOINTS DEEPA TRACY AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSEgF4Qz
Further company coverage: SAFN.BO
(([email protected];))
Sept 1 (Reuters) - Savani Financials Limited SAFN.BO:
APPROVED FUND RAISING VIA ISSUE OF SHARES ON A RIGHTS BASIS FOR AN AMOUNT UPTO 500 MILLION RUPEES
TO BORROW MONIES UPTO 2 BILLION RUPEES
Source text for Eikon: ID:nBSE1L6xwQ
Further company coverage: SAFN.BO
(([email protected];))
Sept 1 (Reuters) - Savani Financials Limited SAFN.BO:
APPROVED FUND RAISING VIA ISSUE OF SHARES ON A RIGHTS BASIS FOR AN AMOUNT UPTO 500 MILLION RUPEES
TO BORROW MONIES UPTO 2 BILLION RUPEES
Source text for Eikon: ID:nBSE1L6xwQ
Further company coverage: SAFN.BO
(([email protected];))
Aug 28 (Reuters) - Savani Financials Limited SAFN.BO:
TO CONSIDER PROPOSAL TO RAISE FUNDS
Source text for Eikon: ID:nBSE2Gtp1
Further company coverage: SAFN.BO
(([email protected];))
Aug 28 (Reuters) - Savani Financials Limited SAFN.BO:
TO CONSIDER PROPOSAL TO RAISE FUNDS
Source text for Eikon: ID:nBSE2Gtp1
Further company coverage: SAFN.BO
(([email protected];))
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Popular questions
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What does Mantra Capital do?
Savani Financials Ltd specializes in providing financial services and generates income through lease rentals from hire purchase business activities.
Who are the competitors of Mantra Capital?
Mantra Capital major competitors are Transwarranty Fin., DhanSafal Finserve, India Cement Capital, Minolta Finance, Gemstone Investments, Ceejay Finance, Banas Finance. Market Cap of Mantra Capital is ₹62 Crs. While the median market cap of its peers are ₹59 Crs.
Is Mantra Capital financially stable compared to its competitors?
Mantra Capital seems to be less financially stable compared to its competitors. Altman Z score of Mantra Capital is 0.81 and is ranked 5 out of its 8 competitors.
Does Mantra Capital pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Mantra Capital latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is Mantra Capital balance sheet?
The companies balance sheet of Mantra Capital is weak, but was strong historically.
Is the profitablity of Mantra Capital improving?
No, profit is decreasing. The profit of Mantra Capital is -₹10.02 Crs for TTM, -₹8.79 Crs for Mar 2025 and -₹2 Crs for Mar 2024.
Is Mantra Capital stock expensive?
Mantra Capital is not expensive. Latest PE of Mantra Capital is 0 while 3 year average PE is 87.3. Also latest Price to Book of Mantra Capital is 1.5 while 3yr average is 13.65.
Has the share price of Mantra Capital grown faster than its competition?
Mantra Capital has given better returns compared to its competitors. Mantra Capital has grown at ~12.59% over the last 10yrs while peers have grown at a median rate of 10.96%
Is the promoter bullish about Mantra Capital?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Mantra Capital is 67.08% and last quarter promoter holding is 67.08%.
Are mutual funds buying/selling Mantra Capital?
There is Insufficient data to gauge this.