Hot Pursuit     28-Mar-23
Ugro Capital to mull fund raising
A special committee of the board will consider fund raising on Thursday, 30 March 2023.
The meeting of the investment and borrowing committee of the board of directors is scheduled on Thursday, 30 March 2023, to consider raising funds by way of issuance of commercial papers.

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 fell 1.18% to settle at Rs 146.30 on Monday, 27 March 2023.

Previous News
  Ugro Capital allots 500 NCDs aggregating Rs 50 cr
 ( Corporate News - 28-Sep-22   13:03 )
  Ugro Capital gains as board to mull fund raising
 ( Hot Pursuit - 04-Mar-24   15:24 )
  Ugro Capital standalone net profit declines 54.42% in the June 2021 quarter
 ( Results - Announcements 12-Aug-21   07:47 )
  Ugro Capital approves issuance of NCDs up to Rs 135 cr
 ( Corporate News - 18-May-24   12:40 )
  Ugro Capital gains after board approves issue of CPs
 ( Hot Pursuit - 09-Mar-23   15:29 )
  Ugro Capital to mull fund raising
 ( Hot Pursuit - 28-Mar-23   08:15 )
  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 65 crore via CP issuance
 ( Corporate News - 09-Mar-23   13:56 )
  Ugro Capital appoints Kishore Lodha as CFO
 ( Hot Pursuit - 02-Sep-22   09:22 )
  Ugro Capital to consider raising funds via NCDs on Feb. 28
 ( Hot Pursuit - 23-Feb-22   15:48 )
  Ugro Capital approves NCD issuance of Rs 15 cr
 ( Corporate News - 25-Nov-21   18:37 )
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