Hot Pursuit     21-Jun-23
Ugro Capital rises after board allots commercial papers
Ugro Capital added 1.63% to Rs 233.35 after the investment and borrowing committee of its board allotted 200 units of commercial papers (CP) aggregating to Rs 10 crore on Tuesday, 20 June 2023.
The CPs having face value of Rs 5 lakh each was allotted at a discounted rate of 8.50% p.a. It has tenure of 90 days and will be redeemed on 18 September 2023.

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 130.5% to Rs 14.04 crore on 92.4% jump in total income to Rs 217.16 crore in Q4 FY23 over Q4 FY22.

Previous News
  Ugro Capital standalone net profit rises 243.87% in the June 2023 quarter
 ( Results - Announcements 02-Aug-23   07:36 )
  UGRO Capital to announce Quarterly Result
 ( Corporate News - 30-Sep-23   11:12 )
  Ugro Capital receives affirmation in credit ratings
 ( Corporate News - 26-Jul-23   18:51 )
  UGRO Capital revises board meeting date
 ( Corporate News - 10-Jan-23   10:51 )
  UGRO Capital to hold AGM
 ( Corporate News - 03-May-24   10:43 )
  Ugro Capital to raise Rs 75 cr via NCD issuance
 ( Corporate News - 06-Jul-24   10:58 )
  UGRO Capital to discuss results
 ( Corporate News - 01-Jan-24   11:05 )
  Ugro Capital December 2021 AuM grows 130% Y-o-Y to Rs 2,590 cr
 ( Hot Pursuit - 12-Jan-22   09:46 )
  Ugro Capital launches QIP issue; floor price set at Rs 149.54/share
 ( Hot Pursuit - 11-Apr-23   10:29 )
  Ugro Capital standalone net profit declines 54.42% in the June 2021 quarter
 ( Results - Announcements 12-Aug-21   07:47 )
  Ugro Capital allots CPs aggregating Rs 25 cr
 ( Corporate News - 03-Mar-23   10:22 )
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