UGRO capital limited is one of the leading companies that is specialist in solving small business credit gaps using a data tech methodology. UGRO which was incorporated On February 10, 1993, UGRO under the provisions of the companies act by the name of ‘Chokhani Securities Private Limited’ . In July 1994, their company went from private limited to public limited. Furthermore, On September 26, 2018, the name UGRO changed to U GRO capital limited. U GRO aims to provide a variety of products solely to Micro, small and medium enterprises like Secured LAP, Affordable LAP, Micro Enterprises Loans, Machinery Loans, Unsecured Business Loans and Supply Chain Financing. Furthermore, UGRO understood the importance of helping small businesses by building big expertise using data centric and technology enabled approaches. Moreover, With the support of well-known institutional investors, the firm raised INR 900+ cr in equity capital in 2018 and INR 340 cr in 2023. Over the next three years, it hopes to take 1% of the market.
UGRO Capital NCD October 2024 Details
| NCD Issue Open | October 10, 2024 |
| NCD Issue Close | October 23, 2024 |
| NCD Issue Size | Base: 100 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 10.91% ** (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 30 months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
UGRO Capital NCD October 2024 Promoters
- The Promoter of the company is Poshika Advisory Services LLP.
How to Apply UGRO Capital NCD October 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
- Avoid
UGRO Capital NCD October 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 18 Month | Month | 10.15% | 10.64% |
| 2 | 24 Month | Month | 10.25% | 10.75% |
| 3 | 30 Month | Month | 10.4% | 10.91% |
UGRO Capital NCD Allocation Ratio
| Category | Allocation |
| Institutional | 25% |
| Non-Institutional | 25% |
| HNI | 25% |
| Retail | 25% |
UGRO Capital NCD October 2024 Lead Manager
- Tipsons Consultancy Services Private Limited
UGRO Capital NCD October 2024 Allotment Status
- UGRO Capital NCD issue allotment available on LinkInTime.
UGRO Capital NCD October 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/
