Hot Pursuit     23-Feb-23
Ugro Capital rises as board to mull fund raising
Ugro Capital advanced 2.75% to Rs 153.20 after the NBFC announced that the investment and borrowing committee of the board will consider the proposal of fund raising on Saturday, 25 February 2023.
The company added that the funds will be raised by way of issuance of non-convertible debentures and/or commercial papers 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.

Previous News
  Ugro Capital approves issuance of NCDs up to Rs 295 cr
 ( Corporate News - 31-May-23   15:52 )
  Ugro Capital launches QIP issue; floor price set at Rs 149.54/share
 ( Hot Pursuit - 11-Apr-23   10:29 )
  Ugro Capital allots 1.50 lakh equity shares under ESOS
 ( Corporate News - 25-Jan-24   11:44 )
  Ugro Capital standalone net profit rises 132.83% in the March 2024 quarter
 ( Results - Announcements 02-May-24   17:59 )
  UGRO Capital to discuss results
 ( Corporate News - 01-Jan-24   11:05 )
  UGRO Capital to table results
 ( Corporate News - 03-Nov-23   16:49 )
  UGRO Capital to discuss results
 ( Corporate News - 29-Jun-24   17:38 )
  UGRO Capital to hold board meeting
 ( Corporate News - 25-Apr-23   17:39 )
  Ugro Capital board to mull fund raising on 25 Mar
 ( Hot Pursuit - 23-Mar-22   09:16 )
  UGRO Capital allots 7.22 lakh NCDs aggregating Rs 72.21 cr
 ( Corporate News - 06-May-22   10:06 )
  Ugro Capital appoints Kishore Lodha as CFO
 ( Hot Pursuit - 02-Sep-22   09:22 )
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