UGRO Capital NCD February 2024 – Effective Yield 11.03% p.a.

UGRO Capital Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on February 8, 2024. UGRO Capital will offer 11.03% interest rates on the NCDs. UGRO Capital NCD has a rating of IND A/Stable by India Ratings & Research Private Limited The NCDs tenure is for 18, 24 and 27 months. Check out UGRO Capital NCD 2024 details here.
UGRO Capital NCD February 2024

Table of Contents

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 OpenFebruary 8, 2024
NCD Issue CloseFebruary 21, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: 100 Cr.
Price Band₹1000 per NCD
Interest RateUp to 11.03% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE, NSE Platform
Credit RatingIND A/Stable by India Ratings & Research Private Limited
Tenor18, 24 and 27 months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick 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

OptTenurePaymentCouponEff. Yield
118 MonthsMonthly10.25%10.72%
218 MonthsAnnual10.75%10.82%
324 MonthsQuart10.35%10.74%
427 MonthsMonthly10.50%11.01%
527 MonthsAnnual11.00%11.03%

UGRO Capital NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional10%
HNI40%
Retail40%

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/

UGRO Capital NCD February 2024 FAQs:


When is UGRO Capital NCD Open?

UGRO Capital NCD is to open on February 8, 2024 and close on February 21, 2024.

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 ₹100 crores.

On Which platform the UGRO Capital NCD will list?

UGRO Capital NCD will list on BSE and NSE Platforms.

How to apply for UGRO Capital NCD?

You can apply from your existing Demat account online and offline.
Share the Post:
Facebook
Twitter
LinkedIn

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

Leave a Reply

Your email address will not be published. Required fields are marked *

OPEN DEMAT ACCOUNT