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U GRO Capital Limited Company Details
U Gro Capital is a non-deposit taking systemically important NBFC registered with the RBI and the equity shares of its Company are listed on NSE and BSE. Its 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.

Post change in management and control of the Company, we shifted our focus on lending business. It identified core sectors of MSMEs in India coupled with a data-centric, technology-enabled approach for business growth.
It shortlisted 8 sectors after careful filtration of 180+ sectors in an 18-month process involving extensive study by market experts of macro and microeconomic parameters. Its eight shortlisted sectors include Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment and Components, Auto Components and Light Engineering. The company added a ninth sector – Micro Enterprises, to its list of sectors in FY2020-21.
For more information, click https://www.ugrocapital.com/

Promoters of U GRO Capital
Poshika Advisory Services LLP

Objects of the NCD Issue
The Net Proceeds raised through this Issue will be utilised For the purpose of onward lending, financing, and repayment of interest and principal of existing borrowings of the Company

U GRO Capital NCD  2022 Details
NCD Issue Open on Apr 7, 2022
NCD Issue Closes on May 6, 2022
Security Name U GRO Capital Limited
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base) Rs 500.00 Crores
Issue Size (Shelf) Rs 500.00 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 ACUITE A+ (read as ACUITE A Plus)
Tenor 18, 27 and 36 Months
Series
Series I to III

Series 1	Series 2	Series 3
Frequency of Interest Payment	Quarterly	Monthly	Monthly
Nature	Secured
Tenor	18 months	27 months	36 months
Coupon Rate (% per Annum) for NCD Holders in Category I, II, III & IV	10.00%	10.15%	10.40%
Effective Yield (% per Annum) for NCD Holders in Category I, II, III & IV	10.37%	10.62%	10.90%
Amount on Maturity for NCD Holders in Category I, II, III & IV	Rs 1,000	Rs 1,000	Rs 1,000

Payment Frequency Monthly and Quarterly
Basis of Allotment First Come First Serve Basis

NCD Rating
The NCDs proposed to be issued under the Issue have been rated ACUITE A+ for an amount of Rs. 20,000 lakhs by Acuite Ratings and Research Limited such ratings are considered to have a stable outlook.

U GRO Capital NCD Financial & Analytical Ratios
Earnings per Share 2019-20 Rs 2.95
Earnings per Share 2020-21,Rs 4.07

U GRO Capital NCD Lead Managers 
Sundae Capital Advisors,Tipsons Consultancy Services Private Limited,Trust Investment Advisors Private Limited
Registrar to U GRO Capital NCD Issue
Link Intime India Pvt ltd.

Registered Office of U GRO Capital Limited
4th Floor, Tower 3, Equinox Business Park, Off BKC, LBS Road, Kurla (West),
Mumbai – 400 070,
Company Secretary & Compliance Officer : Aniket Karandikar,