Hot Pursuit     11-Mar-23
Ugro Capital board allots CPs worth Rs 15 cr
Ugro Capital announced that its investment and borrowing committee of the board has allotted 300 units of commercial paper (CP), aggregating to Rs 15 crore.
The commercial paper having face value of Rs 5 lakh allotted on 10 March 2023 will be mature on 7 March 2024. The said instrument has an interest rate of 9.65% per annum. The tenure of the CP is 363 days.

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 was down 1.60% to settle at Rs 156.65 on Friday, 10 March 2023.

Previous News
  Ugro Capital to raise Rs 40 cr via CP issuance
 ( Corporate News - 26-Aug-23   12:04 )
  UGRO Capital to declare Quarterly Result
 ( Corporate News - 30-Sep-24   16:37 )
  Ugro Capital raises Rs 250 cr via NCDs
 ( Hot Pursuit - 19-Dec-23   12:16 )
  Ugro Capital gains as board to mull fund raising
 ( Hot Pursuit - 04-Mar-24   15:24 )
  Ugro Capital December 2021 AuM grows 130% Y-o-Y to Rs 2,590 cr
 ( Hot Pursuit - 12-Jan-22   09:46 )
  Ugro Capital allots CPs aggregating Rs 30 cr
 ( Corporate News - 03-Nov-22   12:26 )
  Ugro Capital allots CPs aggregating Rs 25 lakh
 ( Corporate News - 04-Mar-23   11:00 )
  Ugro Capital reports standalone net loss of Rs 5.89 crore in the September 2019 quarter
 ( Results - Announcements 18-Nov-19   16:37 )
  Ugro Capital announces cessation of director
 ( Corporate News - 17-Jun-23   10:32 )
  Ugro Capital standalone net profit declines 9.00% in the December 2020 quarter
 ( Results - Announcements 10-Feb-21   09:20 )
  Ugro Capital raises Rs 250 cr via NCD issuance to Dutch entrepreneurial development bank - FMO
 ( Corporate News - 19-Dec-23   11:34 )
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