9.99% UGRO CAPITAL LIMITED 16 JUN 2029
Yield10.55%10.55%
Bond Issuer
UGRO Capital Limited
U GRO Capital Limited was incorporated on February 10, 1993. It is a fast-growing organisation engaged in the lending business. It focuses on the MSMEs sector in the country.
Issuer Overview
U GRO Capital Limited was incorporated on February 10, 1993. It is a fast-growing organisation engaged in the lending business. It focuses on the MSMEs sector in the country.
About Company
U GRO Capital Limited is a stable and trusted company that has witnessed growth since its inception. The company today has enough money to pay off its unexpected financial liabilities. It has a market capital of Rs. 1127.89 crores and its share price as of 28 Dec 2022 is 157.20. The company for the quarter ended 30-09-2022 has reported Rs. 157.38 Crore as a Standalone Total Income which is up 27.12 % from its last quarter’s Rs. 123.80 Crore income and 150.99 % up from its last year same quarter total income which was Rs. 62.70 Crore. Company has reported U GRO Capital in the latest quarter has reported Rs. 5.27 Crore which is the net profit after tax.
Business Overview
net profit after tax. The company focuses majorly on 8 SMEs and works to cater to their need for loans at different intervals. The U GRO Capital NCD IPO has proved a good option for a relatively safe investment for investors in retail and institutional segments.
Key Highlights
- Listed NBFC focused on MSME credit
- Data-driven, sector-specialised lending approach
- Active in NCD markets for funding
Credit Rating
Verify latest ratings for outstanding NCDs
Industries Served
- MSME Lending
- Sectoral Lending
- Supply Chain Finance
Strengths
- Mr. Shachindra Nath - Vice Chairman and Managing Director
- Rated A-/ Stable by CRISIL and Acuite A+/Stable by Acuite ratings A glance at the above can help you expand your knowledge about the company.
- It is one of the fast-growing lending companies to commence with US$ 135 million of capital
- U GRO has good creditworthiness and is a company with a 14-year track record of profit-making
- NBFCs like U GRO Capital in the next 5 years are expected to grow at 15-17%
- The company is said to have INR 9,530 Mn (~US$ 135 million) of Equity
Risk Factors
- MSME credit and concentration risk
- Funding and liquidity risk
- Economic cycles affecting small-business cash flows
Why Invest
- U GRO Capital Limited has identified 8 major sectors for its business, including Hospitality, Electrical Equipment & Components, Healthcare, Education, Chemicals, Food Processing/FMCG, Auto Components & Light Engineering, and Micro Enterprises.
- Investors show interest in U GRO Capital Limited IPOs, as reflected in their online search for information.
- The company has a dedicated team of successful leaders working tirelessly to expand its business and ensure consistent growth, which has resulted in increased value for U GRO NCD IPOs. Investors can expect better returns on their investments.
- U GRO Capital differentiates itself from others through its data-centric and technology-enabled approach. The company has made significant investments in technology to streamline the loan application process and provide a hassle-free experience for applicants.
- U GRO Capital offers MSMEs a wide range of product offerings, including machinery loans, short-term financing, secured and unsecured term loans, and supply chain financing. The company leverages its expertise and technology to make the entire process digital and secure, collaborating with FinTech and NBFC partners.
Financial Snapshot
- Segment
- MSME NBFC
- Focus
- Sector-focused Lending
FAQs
CRISIL has rated U GRO Capital A-/ Stable and Acuite has rated A+/Stable. 'A' rating refers to adequate safety, timely principal repayment, interest, and it has low credit risk.
U GRO Capital NCDs are known to offer a better return in comparison to fixed deposits. The per annum coupon rate offered to NCD Holders in the I, II, III & IV Category Series 1, Series 2, and Series 3 issued in April 2022 was 10.00%, 10.15%, and 10.40% respectively.
Investors buying U GRO Capital April 2022 NCDs had the option to choose the investment tenor from 18, 27, and 36 Months.
U GRO Capital Limited was earlier known as Chokhani Securities. It is a BSE-listed NBFC that was established in the year 1993.
NCDs in comparison to fixed deposits are more liquid and are known to offer more returns. NCDs can be traded in the secondary market after they are listed on the stock exchange.
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Disclaimer
The facts and information on this page are for information and awareness purposes only. No information provided here is intended for any specific user and should not be construed as investment advice or a recommendation of any kind. Consult your professional investment or tax advisor before investing in any securities, including bonds mentioned on this page. Digifinn (Launchpad Fintech Private Limited) shall not be liable for losses incurred based on decisions made using information on this page. Investments in debt securities are subject to credit, market, liquidity and default risks. Past performance is not indicative of future results. Verify the latest credit ratings, offer documents and suitability before investing.