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 standalone net profit rises 243.87% in the June 2023 quarter
 ( Results - Announcements 02-Aug-23   07:36 )
  UGRO Capital launches public issue of secured NCDs
 ( Other Markets - Debt Markets 08-Feb-24   16:18 )
  UGRO Capital spurts on assuring minimal impact from new regulations
 ( Hot Pursuit - 22-Nov-23   15:03 )
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 ( Hot Pursuit - 04-Mar-24   15:24 )
  UGRO Capital to hold AGM
 ( Corporate News - 03-May-24   10:43 )
  UGRO Capital to declare Quarterly Result
 ( Corporate News - 30-Sep-24   16:37 )
  Ugro Capital receives upgrade in credit ratings
 ( Corporate News - 31-Jul-24   10:29 )
  Ugro Capital appoints Kishore Lodha as CFO
 ( Hot Pursuit - 02-Sep-22   09:22 )
  Ugro Capital board approves NCDs worth Rs 50 cr
 ( Hot Pursuit - 25-Feb-23   17:01 )
  UGRO Capital revises board meeting date
 ( Corporate News - 10-Jan-23   10:51 )
  Ugro Capital to raise up to Rs 100 cr via NCD and CP issuance
 ( Corporate News - 25-Feb-23   12:43 )
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