Hot Pursuit     24-Aug-22
Ugro Capital rises as board to mull fund raising via NCDs
Ugro Capital advanced 3.22% to Rs 186 after the NBFC announced that the meeting of the investment and borrowing committee of the board is schedule on 26 August 2022 to consider raising funds.
The NBFC added that the funds will be raised by way of issuance of non-convertible debentures 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 reported a 331.8% surge in net profit to Rs 7.34 crore on a 141.4% jump in total income to Rs 123.80 crore in Q1 FY23 over Q1 FY22.

Previous News
  Ugro Capital standalone net profit rises 20.29% in the June 2024 quarter
 ( Results - Announcements 17-Aug-24   16:43 )
  UGRO Capital to announce Quarterly Result
 ( Corporate News - 30-Sep-23   11:12 )
  Ugro Capital board OKs NCD issue upto Rs 295 cr
 ( Hot Pursuit - 31-May-23   15:50 )
  Ugro Capital raises Rs 10 cr via CPs
 ( Corporate News - 19-Apr-23   20:03 )
  Ugro Capital announces change in nominee director
 ( Corporate News - 26-Apr-24   12:21 )
  UGRO Capital to conduct AGM
 ( Corporate News - 16-May-23   17:03 )
  Board of Ugro Capital approves fund raising and increase in authorised share capital
 ( Corporate News - 11-Apr-23   14:38 )
  Ugro Capital rises as board to mull fund raising
 ( Hot Pursuit - 23-Feb-23   10:35 )
  Ugro Capital allots 500 NCDs aggregating Rs 50 cr
 ( Corporate News - 28-Sep-22   13:03 )
  UGRO Capital to hold board meeting
 ( Corporate News - 16-Jan-24   10:15 )
  Ugro Capital to raise Rs 341 cr via equity route
 ( Corporate News - 11-Apr-23   14:34 )
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