UGro Capital NCD April 2022 description – UGro Capital Limited, founded on February 10, 1993, is a financing company that concentrates on the MSMEs sector in India. For business growth, the organisation takes a data-driven, technology-enabled approach. Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment & Components, Auto Components & Light Engineering, and Micro Enterprises are the primary business sectors listed by the corporation. The firm combines traditional branch-based lending with new FinTech-based lending solutions. U GRO has made significant investments in technology and has established a lending business based on analytics, allowing it to provide customised offerings to loan applicants.
Through its many FinTech and NBFC partners, U GRO Capital provides MSMEs with a varied range of product offerings including as term loan (secured and unsecured), supply chain financing, machinery loan, and short-term financing. Furthermore, the company co-lends with FinTech and smaller NBFC partners to broaden its reach and lend to micro-enterprises.
As of March 31, 2021, the company had 34 branches, including 9 prime and 25 mini branches. Aside from these branches, the organisation also leverages eco-system channels, partnership & alliances, and direct digital channels to expand its loan portfolio and disbursement.
As of March 31, 2021, the company had 34 branches, including 9 prime and 25 mini branches. Aside from these branches, the organisation also leverages eco-system channels, partnership & alliances, and direct digital channels to expand its loan portfolio and disbursement.
Lead Managers of Ugro Capital – Sundae Capital Advisors, Tipsons Consultancy Services, and Trust Investment Advisors
UGro Capital NCD April 2022 Details
| Subscription Dates | 7 April – 6 May 2022 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR1,000 each NCD |
| Issue Price | INR1,000 per NCD |
| Issue Size (Base) | INR50 crore |
| Overall Issue Size (including oversubscription) | INR100 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 18 months 27 months 36 months |
| Credit Rating | Acuite A+ Outlook Stable |
| Category Reservation | Category 1 (QIB): 20% Category 2 (NII): 20% Category 3 (HNI): 30% Category 4 (Retail): 30% |
| Basis of Allotment | First Come First Serve |
| Listing On | NSE, BSE |
UGro Capital NCD April 2022 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 18 months | Quaterly | 10.00% | 10.37% | INR1,000 |
| Series 2 | 27 months | Monthly | 10.15% | 10.62% | INR1,000 |
| Series 3 | 36 months | Monthly | 10.40% | 10.90% | INR1,000 |
UGro Capital Non Convertible Debentures Registrar
Link Intime India Private LimitedÂ
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone:Â +91 22 4918 6200
Fax:Â +91 22 4918 6195
Email:Â [email protected]
Website:Â www.linkintime.co.in
UGro Capital NCD Documents
UGro Capital Contact Details
4th Floor, Tower 3,
Equinox Business Park, Off BKC,
LBS Road, Kurla (West),
Mumbai – 400 070, Maharashtra
Phone:Â +91 22 4891 8686
E-mail: [email protected]
Website: www.ugrocapital.com
UGRO Capital NCD April 2022 Subscription Status (no. of times)
| Category 1 (QIB) | Category 2 (Corporates) | Category 3 (HNI) | Category 4 (Retail) | Total | |
| 28 Apr 2022 | 1.70 | 1.74 | 0.38 | 2.57 | 1.47 |
| 27 Apr 2022 | 0.50 | 3.43 | 0.37 | 2.36 | 1.61 |
| 26 Apr 2022 | 0.00 | 1.40 | 0.35 | 2.24 | 1.05 |
| 25 Apr 2022 | 0.00 | 1.40 | 0.35 | 2.14 | 1.03 |
| 22 Apr 2022 | 0.00 | 0.85 | 0.33 | 1.99 | 0.87 |
| 21 Apr 2022 | 0.00 | 0.85 | 0.33 | 1.90 | 0.84 |
| 20 Apr 2022 | 0.00 | 0.85 | 0.33 | 1.55 | 0.73 |
| 19 Apr 2022 | 0.00 | 0.85 | 0.29 | 1.72 | 0.77 |
| 18 Apr 2022 | 0.00 | 0.45 | 0.25 | 1.62 | 0.65 |
| 13 Apr 2022 | 0.00 | 0.45 | 0.21 | 1.07 | 0.47 |
| 12 Apr 2022 | 0.00 | 0.40 | 0.20 | 0.90 | 0.41 |
| 11 Apr 2022 | 0.00 | 0.40 | 0.14 | 0.68 | 0.32 |
| 8 Apr 2022 | 0.00 | 0.40 | 0.07 | 0.44 | 0.23 |
| 7 Apr 2022 | 0.00 | 0.10 | 0.03 | 0.32 | 0.13 |
UGRO Capital NCD April 2022 Allotment Status
UGRO Capital NCD April 2022 allotment status will be updated at the website of Link Intime’s website. Click on this link to get allotment status.
UGro Capital NCD April 2022 FAQs
What is the face value and lot size of UGRO Capital NCD April 2022?
The NCDs will be issued at a face value of INR1,000 each NCD and the minimum lot size is 10 NCDs.
What is the frequency of interest payment in UGRO Capital NCD April 2022?
The frequency of payment for UGro Capital NCD is Quaterly and Monthly.
What is basis of allotment in UGRO Capital NCD April 2022 offer?
UGRO Capital NCDs will be allotted on a First Come First Serve Basis.
