April 14, 2025
admin
Ugro Capital NCD April 2025 Details & Guidance
NCD Issue Opens on 3 April 2025
NCD Issue Closes on 21 April 2025
# NCD Guidance is given at the bottom of the post
About the Company:
UGRO Capital Limited – Empowering India’s MSMEs with Tailored Financial Solutions
Incorporated in 1993, UGRO Capital Limited is a non-deposit-taking, systemically important NBFC registered with the Reserve Bank of India (RBI). With a sharp focus on India’s MSME (Micro, Small & Medium Enterprises) sector, UGRO Capital is on a mission to bridge the credit gap by leveraging data, technology, and a deep sectoral understanding.
The company specializes in providing a range of customized loans to SMEs and MSMEs across key high-growth sectors such as:
-
Healthcare
-
Education
-
Chemicals
-
Food Processing / FMCG
-
Hospitality
-
Electrical Appliances & Components
-
Automotive Accessories & Light Engineering
-
Micro-enterprises
Product Portfolio:
UGRO Capital offers a diverse suite of financing solutions to meet the evolving needs of small businesses, including:
-
Prime Secured Loans
-
Prime Unsecured Loans
-
Micro Enterprise Loans
-
Machinery Loans
-
Supply Chain Finance
-
Partnership & Alliance Programs
To better serve its varied clientele, UGRO divides its operations into two key verticals:
Prime Branch – serving mid-sized, formal MSMEs;
Micro Branch – focused on informal, small-ticket micro-enterprises.
National Footprint:
As of December 31, 2024, UGRO Capital had established a strong Pan-India presence with 224 branches across 14 states and Union Territories, supported by a team of 2,131 professionals.
Rapid Financial Growth:
The company’s growth trajectory has been impressive. Its total income surged from
-
Rs.31,341.59 lakh in FY 2022
-
to Rs.68,376.28 lakh in FY 2023
-
and further to Rs.1,08,168.12 lakh in FY 2024.
Strategic Collaborations:
UGRO Capital’s robust ecosystem is powered by:
-
16 co-lending partners
-
55+ lenders
-
60+ fintech collaborators
-
10+ Green Anchors
-
70+ OEMs
-
730+ GRO partners
Together, they enable UGRO to deliver innovative financing solutions to over 1,00,000 MSMEs nationwide.
Get more details about the company @ http://www.ugrocapital.com/
NCD Promoter:
The Promoter of the company is Poshika Advisory Services LLP
NCD Rating
The NCDs proposed to be issued under the Issue have been rated “IND A+/Stable” for an amount of Rs 20,000 lakh by India Ratings & Research Private Limited.
| UGRO Capital Limited NCD March 2025 Detail | |
| Issue Open | April 3, 2025 – April 21, 2025 |
| Security Name | UGRO Capital Limited |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 100.00 Crores |
| Issue Size (Oversubscription) | Rs 100.00 Crores |
| Overall Issue Size | Rs 200.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Minimum Lot size | 10 NCD |
| Market Lot | 1 NCD |
| Listing At | BSE, NSE |
| Credit Rating | IND A+/Stable by India Ratings & Research Private Limited |
| Tenor | 18, 24 30 and 42 months |
| Series | Series I to V |
| Payment Frequency | Monthly |
| Basis of Allotment | First Come First Serve Basis |
| Debenture Trustee/s | Mitcon Credentia Trusteeship Services Limited |
| NCD Allocation Ratio | |
| Category | NCD’s Allocated |
| Institutional | 25% |
| Non-Institutional | 25% |
| HNI | 25% |
| Retail | 25% |
| UGRO Capital Limited NCD Coupon Rates | |||||
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | |
| Frequency of Interest Payment | Monthly | Annual | Monthly | Monthly | Monthly |
| Nature | Secured | Secured | Secured | Secured | Secured |
| Tenor | 18 Months | 18 Months | 24 Months | 30 Months | 42 Months |
| Coupon (% per Annum) | 10% | 10.39% | 10.15% | 10.25% | 10.50% |
| Effective Yield (% per Annum) | 10.47% | 10.47% | 10.64% | 10.75% | 11.01% |
| Amount on Maturity (In Rs.) | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 |
Ugro Capital NCD April 2025 Details & Guidance
Objects of the Issue
The following table details the objects of the Issue and the amount proposed to be financed from the Net Proceeds:
- For onward lending and financing business of the Company in the ordinary course of business (including for repayment / refinance of existing debts of the Company).
- General corporate purposes.
.
Ugro Capital Financial Information (Restated)
| Company Financials | ||||
| UGRO Capital Limited Financial Information (Restated Consolidated) | ||||
| Period Ended | 30.09.2025 | 31.03.2025 | 31.03.2024 | 31.03.2022 |
| Assets | 7,508.95 | 6,279.98 | 4,305.59 | 2,854.23 |
| Revenue | 644.44 | 1,081.68 | 7,508.95 | 7,508.95 |
| Profit After Tax | 65.88 | 119.34 | 39.78 | 14.55 |
| Net Worth | 1,957.82 | 1,438.36 | 984.04 | 966.56 |
| Amount in Rs Crore | ||||
Address of the Company
UGRO Capital Limited
Equinox Business Park, Tower 3,
Fourth Floor, Off BKC,
LBS Road, Kurla,Mumbai – 400070
NCD Lead Managers
Tipsons Consultancy Services Private Limited
NCD Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Ugro Capital NCD April 2025
Ugro Capital NCD April 2025
Ugro Capital NCD April 2025 Guidance:
1. Incorporated in 1993, UGRO Capital Limited is a non-deposit-taking, systemically important NBFC registered with the Reserve Bank of India (RBI). With a sharp focus on India’s MSME (Micro, Small & Medium Enterprises) sector, UGRO Capital is on a mission to bridge the credit gap by leveraging data, technology, and a deep sectoral understanding.
The company’s growth trajectory has been impressive. Its total income surged from
- Rs.31,341.59 lakh in FY 2022
- to Rs.68,376.28 lakh in FY 2023
- and further to Rs.1,08,168.12 lakh in FY 2024.
As of December 31, 2024, UGRO Capital had established a strong Pan-India presence with 224 branches across 14 states and Union Territories, supported by a team of 2,131 professionals
2. The NCDs proposed to be issued under the Issue have been rated “IND A+/Stable”
3. The company has shown strong rise in the net profits
4. The interest rates are attractive.
Small investment in this NCD is recommended.
