Ugro Capital NCD Dates, Size, Allotment, Subscription, DRHP & moreLast Updated Date: Apr 27, 2022
Let’s have a detailed review of the company and analytics of the Ugro Capital NCD release date, NCD issue size, subscription, Ugro Capital NCD allotment, and other details like the company’s background, its financial positions, its promoters, and other related things.
Ugro Capital NCD – November 2021 Detail
|Credit Rating||Acuite Ratings and Research Limited|
|Issue Open||Nov 8, 2021|
|Issue Close||Nov 22, 2021|
|Issue Size (Base)||Rs.5,000 Lakh|
|Issue Size (Shelf)||Rs.5,000 Lakh|
|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|
|Tenor||9 and 27 Months|
|Basis of Allotment||First Come First Serve Basis|
Ugro Capital NCD – Basis of the Offer Price
|Security Name||Ugro Capital|
|Security Type||Secured NCDs|
|Coupon payment frequency||Monthly|
|Depository||NSDL and CDSL|
|Disbursement||SEBI Debt Regulations|
|Debenture Trustee||IDBI Trusteeship Services Limited|
Ugro Capital/ Ugro Capital NCD Dates
The opening and the closing date of Ugro Capital NCD is Nov 8, 2021, to Nov 22, 2021, respectively.
Ugro Capital NCD / Ugro Capital NCD Subscription
|Day / Date||QIB Category 1||NII Category 2||HNI Category 3||RII Category 4||Total Subscription|
|1st – 10th Day: 8 Nov to 17th Nov|
|10th – 20th Day: 18th to 22nd Nov|
|Shares Offered or Net Issue|
The shares subscribed by the public will be updated here.
Ugro Capital NCD Allotment Status
Here, you can find the Allotment Status of Ugro Capital NCD.
Ugro Capital NCD Share Offering
Issue of 5,00,000 Equity Shares of the face value of Rs.1000/- each for cash for Rs. [ ] per Equity Share (including a share premium of Rs. [ ] per Equity Share) aggregating Rs. 5000 lakhs.
Ugro Capital NCD Allocation Ratio
|NCD Allocation Ratio|
|QIB – Category 1||40%|
|NII – Category 2||40%|
|HNI – Category 3||10%|
|RII – Category 4||10%|
Ugro Capital NCD /Ugro Capital NCD Offered
|QIB – Category 1|
|NII – Category 2|
|HNI – Category 3|
|RII – Category 4|
Ugro Capital NCD Coupon Rates
|Rs. 10,000/- (10 NCDs) across all series|
|Face Value||Rs. 1,000/-|
|Rs. 1,000/- (1 NCD)|
per annum) All Category
|10.03% per annum|
(per annum) All Category,
|Through various modes available|
|Amount (Rs. /|
NCD) All Category
Ugro Capital NCD Issue Object
The objects of the issue are:
- For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company; and
- General corporate purposes.
Ugro Capital – Company Overview
Their Company is a non-deposit taking systemically important NBFC registered with the RBI and the equity shares of their Company are listed on NSE and BSE. Their 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, their 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.
Their Company has set up its lending business primarily driven by an analytics-driven digital lending platform, which enables the delivery of customized offerings to loan applicants.
Ugro Capital NCD Lead Managers
|Sundae Capital Advisors Private Limited |
941, Level 9, Platina, Plot No. C – 59
‘G’ Block, Bandra Kurla Complex
Bandra (East), Mumbai – 400 051
Telephone: +91 22 6700 0639
E-mail Id: email@example.com
Investor grievance e-mail Id:
Contact person: Ashi Sood / Ridima Gulati
SEBI registration number: INM000012494
Ugro NCD Debenture Trustee
|IDBI Trusteeship Services Limited |
Asian Building, Ground Floor, 17, R. Kamani Marg,
Ballard Estate, Mumbai – 400 001
Telephone: +91 22 4080 7000
Email Id: firstname.lastname@example.org /
email@example.com / firstname.lastname@example.org
Investor grievance e-mail Id: email@example.com /
firstname.lastname@example.org / email@example.com
Contact person: Kavita Hindalekar
SEBI registration number: IND000000460
Ugro NCD Registrar to offer
|Registrar to the Offer|
Link Intime India Private Limited
C 101, 247 Park B S Marg
Vikhroli West, Mumbai – 400 083
Telephone: +91 22 4918 6200
Email Id: firstname.lastname@example.org
Contact person: Shanti Gopalkrishnan
SEBI registration number: INR000004058
Ugro Capital NCD Ratings
The NCDs proposed to be issued under the Issue have been rated “ACUITE A (read as ACUITE A) (Outlook: Positive)” for a number of Rs 5,000 lakhs by Acuite Ratings and Research Limited vide their rating letter dated October 11, 2021. Rating is not a recommendation to buy, sell or hold securities and investors should take their own decision.
The rating may be subject to revision or withdrawal at any time by the assigning rating agency and each rating should be evaluated independently of any other rating. The rating agency has a right to suspend or withdraw the rating at any time on the basis of factors such as new information. Please refer to Annexure-II of this Draft Prospectus for the rationale of the above rating.
Ugro NCD News
News 1 – Download RHP Prospectus