PNB Housing Finance Rises Over 2% After Board Clears ₹5,000 Crore NCD Issue

New Delhi, September 8, 2025 – The shares of PNB Housing Finance (NSE: PNBHOUSING, BSE: 540173) gained slightly over 2% in the early trade on Monday, reaching ₹808.95 after the company’s announcement of raising up to ₹5000 crore through the issue of NCDs (Non-Convertible Debentures).

The debt issue will be on a private placement basis (with or without green shoe option) in one or more tranches, and will be monitored by a specialised committee constituted by the company’s board. The move aims to strengthen the company’s funding base and provide flexibility for growth and lending operations.

Key Market Data

At 11:30 AM, the stock traded at ₹803.00 (up by 1.43% from the previous day’s close). The low high range so far has been between ₹792.85 and ₹812. After today’s surge, the stock has risen by close to 6% in the past five days. Further, the company’s P/E ratio is 10.13 compared to the industrial average of 20.30. The company’s market cap is close to ₹21 thousand crore.

About PNB Housing Finance

PNB Housing Finance Limited, incorporated in 1988 and listed since November 2016, is a housing finance company offering loans for the purchase, construction, repair, and renovation of residential properties. It is part of the NIFTY Smallcap 250 index.

REF: https://nsearchives.nseindia.com/corporate/PNBHOUSING_05092025194356_SE_Outcome_of_BM_NCD_Sep_5_2025_FFsd.pdf

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