UGRO Capital Limited is doing lending business in India focusing on MSMEs. The company is listed in BSE and they are technology focused, small business lending platform, focusing on providing customized loan solutions. They solving problems of SMEs by data centric, technology-enabled approach. They provide business loans to Healthcare, Education, Chemicals, Electrical equipment and components, Auto components, Light engineering, Hospitality, Food Processing & FMCG and Insurance Solutions. They associated with SBM Bank India to launch industry first MSME Business Owners Only credit card powered by RuPay, along with EnKash. GeM Sahay on the other hand is app which has been launched to address the credit access challenges faced by MSMEs (On-tap MSME Financing via GeM Sahay).
Ugro Capital has a rating of Acuite A by Acuite Ratings and Research Limited. Ugro Capital Secured NCDs subscription to start on 08 November 2021. Ugro Capital will offer 10.50% interest rates on the NCDs. The NCDs tenure is for 9 and 27 Months.
Ugro Capital NCD Issue Details
| NCD Issue Open | 08 November 2021 |
| NCD Issue Close | 22 November 2021 |
| NCD Issue Size | Base: 50 Cr. | Shelf: – Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Upto 10.50% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Maximum Investment | 1,000 Bonds (₹10,00,000) |
| Listing on | BSE & NSE Platform |
Ugro Capital NCD Issue Rating
- Acuite Ratings and Research Limited Ratings: Acuite A
Ugro Capital NCD Issue Listing
- NCD Bonds will be list on BSE & NSE.
Ugro Capital NCD Issue Promoters
- Poshika Advisory Services LLP
How to Apply Ugro Capital NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
Ugro Capital NCD (October 2021) Issue Tenure & Interest Rates
- Tenor: 27 Months
- Type: Secured NCDs
- Frequency: Monthly
- Coupon Rate: 10.03% Per Annum (Payable Monthly)
- Effective Yield: 10.50%
Ugro Capital NCD Lead Manager
- Sundae Capital Advisors
Ugro Capital NCD Allotment Status
- Ugro Capital NCD issue allotment available on Linkintime
NCD Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: http://www.linkintime.co.in
Company Information
UGRO Capital Limited
4th Floor, Tower 3, Equinox Business Park,
Off BKC, LBS Road, Kurla (West),
Mumbai – 400 070, Maharashtra, India
Phone: +91 22 4891 8686
Email: [email protected]
Website: https://www.ugrocapital.com/
Ugro Capital NCD FAQs:
When is Ugro Capital NCD Open?
Ugro Capital NCD to open on November 08 and closes on November 22, 2021.
What is Ugro Capital NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Ugro Capital NCD Issue Size?
The NCD issue size is ₹50 crores.
On Which platform the Ugro Capital NCD will list?
Ugro Capital NCD will list on BSE & NSE Platform.
How to apply for Ugro Capital NCD?
You can apply from your existing demat account online and offline.
