The Company is a non-deposit-taking systemically important NBFC registered with the RBI and the equity shares of the Company are listed on NSE and BSE. They have been categorized as a ‘Middle Layer’ NBFC under the scale-based regulatory framework for NBFCs introduced by the RBI, with effect from September 30, 2022and updated vide Scale Based Regulation. They are currently engaged in the business of lending and primarily deal in financing SME and MSME sectors with a focus on Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment & Components, Auto Components and LightEngineering segments and Micro Enterprises segments. They offer the following loan products and solutions to MSMEs through their technology platforms:
- Prime Secured Loans;
- Prime Unsecured Loans;
- Micro Enterprise Loans;
- Machinery Loans;
- Supply Chain Finance;
- Partnerships and Alliances
UGRO Capital Tranche I NCD February 2024 Details
| NCD Issue Open | February 8, 2024 |
| NCD Issue Close | February 21, 2024 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 100 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 11.03% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE, NSE Platform |
| Credit Rating | IND A/Stable by India Ratings & Research Private Limited |
| Tenor | 18, 24 and 27 months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
UGRO Capital NCD February 2024 Promoters
- The Company has no identifiable promoters and is a professionally managed company.
How to Apply UGRO Capital NCD February 2024 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
UGRO Capital NCD Review
- May Apply
UGRO Capital NCD February 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 18 Months | Monthly | 10.25% | 10.72% |
| 2 | 18 Months | Annual | 10.75% | 10.82% |
| 3 | 24 Months | Quart | 10.35% | 10.74% |
| 4 | 27 Months | Monthly | 10.50% | 11.01% |
| 5 | 27 Months | Annual | 11.00% | 11.03% |
UGRO Capital NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 40% |
| Retail | 40% |
UGRO Capital NCD February 2024 Lead Manager
- Jm Financial Limited
UGRO Capital NCD February 2024 Allotment Status
- UGRO Capital NCD issue allotment available on LinkIntime.
UGRO Capital NCD February 2024 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: https://linkintime.co.in/initial_offer/public-issues.html
Company Information
UGRO Capital Limited
Equinox Business Park, Tower 3,
Fourth Floor, Off BKC,
LBS Road, Kurla,Mumbai – 400070
Phone: +91 22 4182 1600
Email: [email protected]
Website: http://www.ugrocapital.com/
