MoneyWorks4Me

UGRO Capital raises Rs 249.60 crore through NCDs

12 Dec 2023 Evaluate

UGRO Capital has raised Rs 249.60 crore through allotment of 24,960 Senior, Secured, Unlisted, Redeemable, Transferable, Non-Convertible Debentures (NCDs) denominated in Indian Rupees, each having a face value of Rs 1,00,000 at par, through private placement. Date of maturity of the said NCDs will be on December 12, 2027. 

UGRO Capital is a BSE listed, small business lending fintech platform.

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