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 board approves NCDs worth Rs 50 cr
 ( Hot Pursuit - 25-Feb-23   17:01 )
  Ugro Capital to mull fund raising
 ( Hot Pursuit - 28-Mar-23   08:15 )
  UGRO Capital to conduct EGM
 ( Corporate News - 01-Mar-24   15:05 )
  UGRO Capital to hold board meeting
 ( Corporate News - 16-Jan-24   10:15 )
  Ugro Capital allots 1.52 cr equity shares to Danish Fund
 ( Corporate News - 17-May-23   14:42 )
  Ugro Capital standalone net profit rises 287.02% in the December 2022 quarter
 ( Results - Announcements 27-Jan-23   07:34 )
  Ugro Capital standalone net profit declines 45.93% in the December 2021 quarter
 ( Results - Announcements 09-Feb-22   08:09 )
  Ugro Capital standalone net profit rises 55.92% in the September 2022 quarter
 ( Results - Announcements 11-Nov-22   08:35 )
  Board of Ugro Capital allots NCDs aggregating Rs 35 cr
 ( Corporate News - 12-Jan-22   19:53 )
  Ugro Capital reports standalone net loss of Rs 2.10 crore in the March 2019 quarter
 ( Results - Announcements 03-May-19   16:42 )
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