Hot Pursuit     23-Feb-23
Ugro Capital rises as board to mull fund raising
Ugro Capital advanced 2.75% to Rs 153.20 after the NBFC announced that the investment and borrowing committee of the board will consider the proposal of fund raising on Saturday, 25 February 2023.
The company added that the funds will be raised by way of issuance of non-convertible debentures and/or commercial papers through private placement basis.

Ugro Capital is an MSME lending fintech platform. It uses the emerging data tripod of GST, banking and bureau coupled with its sectoral analysis to solve the problem of credit for small businesses.

The company net profit soared 287% to Rs 13.12 crore on 122.6% jump in total income to Rs 189.59 crore in Q3 FY23 over Q3 FY22.

Previous News
  Ugro Capital standalone net profit rises 130.54% in the March 2023 quarter
 ( Results - Announcements 16-May-23   07:37 )
  Board of Ugro Capital approves fund raising via NCD issuance
 ( Corporate News - 12-Jan-24   15:07 )
  Ugro Capital to raise Rs 30 cr via CP issuance
 ( Corporate News - 26-Jun-23   16:03 )
  UGRO Capital schedules board meeting
 ( Corporate News - 27-Dec-23   13:47 )
  Ugro Capital standalone net profit rises 331.76% in the June 2022 quarter
 ( Results - Announcements 23-Jul-22   08:23 )
  Ugro Capital standalone net profit declines 45.93% in the December 2021 quarter
 ( Results - Announcements 09-Feb-22   08:09 )
  UGRO Capital to consider fund raising via NCD issuance
 ( Corporate News - 23-Aug-22   18:24 )
  UGRO Capital Q4 FY22 loan origination up 114% YoY
 ( Hot Pursuit - 19-Apr-22   13:39 )
  Ugro Capital raises Rs 22 cr via CP issuance
 ( Corporate News - 23-Apr-24   10:15 )
  Ugro Capital allots 60,000 equity shares under ESOS
 ( Corporate News - 04-Aug-23   10:17 )
  Ugro Capital standalone net profit rises 292.90% in the March 2022 quarter
 ( Results - Announcements 25-May-22   08:31 )
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