UGRO Capital to Acquire Profectus Capital for Rs 1,400 Crore in All-Cash Deal Jun 18, 2025
UGRO Capital announces acquisition of Profectus Capital Private Limited in an all-cash deal worth Rs 1,400.00 crore. The acquisition is expected to increase UGRO's business mix by 30% and add Rs 150.00 crore in annual incremental profit. UGRO plans to use proceeds from its recent Rs 400.00 crore rights issue to fund the acquisition, with potential use of convertible debentures for the remaining amount. The deal is subject to regulatory approvals.
UGRO Capital to Acquire Profectus Capital for ₹14 Billion Jun 17, 2025
UGRO Capital Acquires Profectus Capital for ₹1,400 Crore Amid Scrutiny Over Fundraising Plan Jun 17, 2025
UGRO Capital Announces Rs 400 Crore Rights Issue at Rs 162 Per Share Jun 02, 2025
UGRO Capital Approves ₹1,315 Crore Capital Raise Through Rights Issue and CCDs May 20, 2025
UGRO Capital Reports Robust Growth: AUM Surges to Over ₹12,000 Crore in Q4 FY25
UGRO Capital Limited, an MSME lender, reported significant growth for Q4 FY25. AUM reached ₹12,000+ crore, up 33% YoY. The company achieved record loan originations of ₹2,450+ crore in Q4. Emerging Market LAP segment saw substantial growth, contributing 14% to AUM. The MSL platform's AUM crossed ₹700 crore. UGRO expanded with 85 new SME branches and maintained a 96% collection efficiency. Total debt stood at ₹6,800+ crore with a diversified borrowing mix.
05Apr 25
UGRO Capital Launches High-Yield NCD Issue, Offering Up to 11.01% Returns
UGRO Capital, an MSME-focused NBFC, has announced a public issue of secured NCDs with yields up to 11.01% per annum. The issue aims to raise up to ₹200 crore, including a green shoe option of ₹100 crore. The NCDs, with tenors ranging from 18 to 42 months, will be listed on NSE and BSE. The issue period is from April 3-21, 2025, and the NCDs carry an IND A+/Stable credit rating.
03Apr 25
UGRO Capital Launches ₹200 Crore Secured NCD Public Issue with Attractive Yields
UGRO Capital, an NBFC focused on MSME lending, has announced a secured Non-Convertible Debenture (NCD) public issue worth ₹200 crore. The NCDs offer yields up to 11.01% per annum with tenors ranging from 18 to 42 months. Rated 'IND A+/Stable' by India Ratings, the issue opens on April 3, 2025, and closes on April 21, 2025. The funds will primarily be used for onward lending and financing activities. As of December 31, 2024, UGRO Capital reported an AUM of ₹11,066.57 crore and a customer base exceeding 1,35,000.
18Mar 25
UGRO Capital Reschedules Board Meeting to March 20 for Fund Raising Deliberations
UGRO Capital Limited has postponed its Investment and Borrowing Committee meeting from March 18 to March 20, 2025. The meeting agenda remains focused on considering fund-raising through a public issue of non-convertible debentures (NCDs). The company cited 'inevitable reasons' for the rescheduling in its communication to stock exchanges.
12Mar 25
UGRO Capital to Consider Public Issue of Non-Convertible Debentures for Fundraising
UGRO Capital Limited has announced plans to explore fundraising through a public issue of non-convertible debentures (NCDs). The company's Investment and Borrowing Committee will meet on March 18, 2025, to discuss and potentially approve this financial move. This decision signals the company's intent to tap into the debt market for capital raising, potentially offering investors an opportunity to invest in fixed-income securities.