Hot Pursuit     16-Feb-23
Ugro Capital board to mull fund raising via NCDs
The NBFC announced that the meeting of the investment and borrowing committee of the board is schedule on Monday, 20 February 2023, to consider raising funds.
The company 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 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.

Shares of Ugro Capital rose 0.95% to currently trade at Rs 154.50 on the BSE.

Previous News
  Ugro Capital allots NCDs aggregating Rs 249.90 cr
 ( Corporate News - 30-Jan-24   13:12 )
  Board of Ugro Capital approves fund raising via NCD issuance
 ( Corporate News - 12-Jan-24   15:07 )
  Ugro Capital raises Rs 22 cr via CP issuance
 ( Corporate News - 23-Apr-24   10:15 )
  UGRO Capital gains as board to mull fund raising
 ( Hot Pursuit - 27-Dec-23   10:00 )
  Ugro Capital to raise Rs 40 cr via CP issuance
 ( Corporate News - 26-Aug-23   12:04 )
  Ugro Capital to raise Rs 75 cr via NCD issuance
 ( Corporate News - 06-Jul-24   10:58 )
  Ugro Capital standalone net profit rises 130.54% in the March 2023 quarter
 ( Results - Announcements 16-May-23   07:37 )
  UGRO Capital to discuss results
 ( Corporate News - 29-Jun-24   17:38 )
  Ugro Capital rises after board allots commercial papers
 ( Hot Pursuit - 21-Jun-23   11:45 )
  Ugro Capital allots CPs aggregating Rs 25 cr
 ( Corporate News - 03-Mar-23   10:22 )
  UGRO Capital to hold board meeting
 ( Corporate News - 01-Jul-23   10:40 )
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