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 allots 13,400 equity shares under ESOS
 ( Corporate News - 04-Jul-24   14:06 )
  Ugro Capital raises Rs 22 cr via CP issuance
 ( Corporate News - 23-Apr-24   10:15 )
  UGRO Capital schedules board meeting
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  Ugro Capital allots NCDs aggregating Rs 249.90 cr
 ( Corporate News - 30-Jan-24   13:12 )
  Ugro Capital climbs on launching new app for MSME lending
 ( Hot Pursuit - 05-Apr-23   13:11 )
  Ugro Capital standalone net profit rises 130.54% in the March 2023 quarter
 ( Results - Announcements 16-May-23   07:37 )
  Ugro Capital standalone net profit declines 45.93% in the December 2021 quarter
 ( Results - Announcements 09-Feb-22   08:09 )
  Ugro Capital to raise Rs 100 cr via bonds
 ( Other Markets - Debt Markets 07-Apr-22   16:14 )
  UGRO Capital to announce Quarterly Result
 ( Corporate News - 30-Sep-23   11:12 )
  Ugro Capital approves issuance of NCDs up to Rs 295 cr
 ( Corporate News - 31-May-23   15:52 )
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