Hot Pursuit     28-Mar-23
Ugro Capital to mull fund raising
A special committee of the board will consider fund raising on Thursday, 30 March 2023.
The meeting of the investment and borrowing committee of the board of directors is scheduled on Thursday, 30 March 2023, to consider raising funds by way of issuance of commercial papers.

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.

The scrip fell 1.18% to settle at Rs 146.30 on Monday, 27 March 2023.

Previous News
  Ugro Capital standalone net profit rises 20.29% in the June 2024 quarter
 ( Results - Announcements 17-Aug-24   16:43 )
  UGRO Capital gains as board to mull fund raising
 ( Hot Pursuit - 27-Dec-23   10:00 )
  UGRO Capital to convene board meeting
 ( Corporate News - 29-Mar-24   10:06 )
  Board of Ugro Capital approves fund raising via NCD issuance
 ( Corporate News - 12-Jan-24   15:07 )
  Ugro Capital allots NCDs aggregating Rs 249.90 cr
 ( Corporate News - 30-Jan-24   13:12 )
  Ugro Capital receives update in credit ratings from Acuite
 ( Corporate News - 23-Sep-21   20:50 )
  Ugro Capital hits the roof after co-lending partnership with SBI
 ( Hot Pursuit - 17-Nov-21   11:17 )
  Ugro Capital allots NCDs aggregating Rs 26 cr
 ( Corporate News - 29-Dec-21   17:48 )
  Ugro Capital board OKs NCD issue of upto Rs 20 cr
 ( Hot Pursuit - 20-Feb-23   13:38 )
  Ugro Capital reports standalone net profit of Rs 20.35 crore in the March 2020 quarter
 ( Results - Announcements 21-May-20   08:02 )
  Ugro Capital board OKs raising upto Rs 240 cr via preferential issue
 ( Hot Pursuit - 11-Apr-23   12:56 )
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