Ugro Capital NCD April 2022 Date, Rating & Interest Rates

Ugro Capital Limited: is a non-deposit taking systemically important NBFC registered with the RBI and the equity shares of Company are listed on NSE and BSE. The mission is to provide access to financing to the underserved MSME sector, which is critical to Indian economic growth and employment creation, and yet suffers from a chronic lack of affordable, efficient and sustainable credit availability. MSMEs represent the most important organic method by which the country’s impoverished can come out of the so-called ‘Poverty Trap’. Despite the challenges faced during the pandemic year, our Company has received various recognitions and awards including, (i) featuring in the Top 5 Digital / Fintech Lending Companies for MSMEs by BW Disrupt & IBS Intelligence, (ii) ET Best BFSI Brand of the year award for FinTech Category, (iii) Best MSME Lending Company by World Leadership Congress and Awards, (iv) Quick Loan Approval Award and Best Lending Tech of the year Award by National Award for Excellence in Financial Services Marketing and few others.

UGRO’s Business Model hinges on marrying the traditional branch-based lending approach with the modern FinTech based Lending. It is an amalgamation of multiple business models and brings in expertise through effective use of Technology. It brings in sector, geographical and product specialisation and combines with new age technology platforms

Within a short period of time (3 years), U GRO has been able to not only reach out to MSMEs across the country but has also been able to scale its book significantly. In December 2021, in line with its mission to serve the deeply underserved Micro Enterprises, U GRO expanded its Branch Network from 34 to 82 by opening 48 new MICRO Branches. These Micro Branches are currently spread across 5 states.

Read :- InCred Financial Services NCD January 2022 Date, Rating & Interest Rates

Ugro Capital NCD April 2022 Issue Details

Issue Open 7 April 2022
Issue Close 6 May 2022
Issue Size (Base) 50 Crore
Issue Size (Shelf) 50 Crore
Issue Price 1,000 Rs Per NCD
Interest Rate Upto 10.90% ** (Annually)
Minimum 1 Bond
Listing On BSE, NSE
Period 18, 27 and 36 Months

Ugro Capital NCD April 2022 Rating

ACUITE A+ by Acuite Ratings and Research Limited.

Ugro Capital NCD April 2022 Contact Details

Ugro Capital Limited
4th Floor, Tower 3, Equinox Business Park,
Off BKC, LBS Road, Kurla (West),
Mumbai – 400 070, Maharashtra, India
Phone: +91 22 4891 8686
Email: [email protected]
Website: https://www.ugrocapital.com/m/

Registrar of Ugro Capital NCD April 2022

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Ugro Capital NCD April 2022 NCD Lead Manager

Sundae Capital Advisors Private Limited
Tipsons Consultancy Services Private Limited
Trust Investment Advisors Private Limited