Ugro Capital NCD 2022 Isue Date, Rating & Interest Rates

Ugro Capital NCD

Ugro Capital NCD 2022 are Open on 07 April 2022 and to close on 06 May 2022. The Company will offer 10.90% interest rates on the NCD Bonds. And NCD tenure will be applicable for 18 months, 27 months, 36 months. The company will raise Base fund of ₹50 crores and shelf fund ₹50 crores through this NCD, the company has fixed the NCD price band at ₹1000 for this according to the face value of ₹1000.

The company is a wholly-owned subsidiary of Piramal Enterprises Limited (“PEL”) which is the flagship company of the Piramal Group. We are registered as a non-deposit-taking housing finance company with the National Housing Bank (NHB) and are engaged in various financial services businesses. Our Company provides wholesale funding opportunities to real estate developers, corporates, and SMEs across sectors and retail funding opportunities including housing finance to individual customers.

Read also: Upcoming IPO List 2022

Ugro Capital focuses on retail lending with a differentiated approach towards risk-optimized profitability. Under retail lending. The Company offers housing finance, LAP, secured business loans, digital purchase finance, and digital personal loans. We provide financing in the housing industry to existing homeowners and new home buyers. We also provide construction finance for residential and commercial projects and financing to large and mid-sized corporate clients. In real estate, the platform provides financing solutions such as structured debt, construction finance, and lease rental discounting to developers and housing finance to home buyers.

Ugro Capital NCD Review :

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Ugro Capital NCD Security Name :

■ Ugro Capital Limited

Ugro Capital NCD Security Type :

■ Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)

Ugro Capital NCD Ratings

AgencyRating
ACUITEA+

Ugro Capital NCD 2022 Bonds Issue Details :

Issue Open 07 Apr 2022
Issue Close06 May 2022
Issue Base Size₹50 Cr.
Issue Shelf Size₹50 Cr.
Price Band₹1000 Per NCD
Face Value₹1000 Each NCD
Interest Rate10.90% Annual
Listing on BSE & NSE Platform
Ugro Capital NCD 2022

Ugro Capital NCD Market Lot :

Market Lot :1 Lot
Minimum Lot size :10 NCD
Minimum Investment :₹10,000

Ugro Capital NCD Bond 2022 Issue Tenure & Interest Rates :

SR123
Tenure18 Month27 Month36 Month
NatureSecuredSecuredSecured
InterestQuarterlyMonthlyMonthly
Coupon Rate10.00%10.15%10.40%
Effective Yield10.37%10.62%10.90%
Maturity100010001000
Upstox Referal

Ugro Capital Financial Report ( in lakhs )

YearRevenueExpensesPAT
2021₹15,333.84₹14,120.93₹2,872.75
2020₹10,514.37₹10,182.5₹1,951.86
2019₹4,393.60₹3,872.21₹394.64
Read also: All Upcoming IPO Grey Market Premium 2022

Company Promoters :

■ Mr. Shachindra Nath

Quick Link :

DRHP Draft Prospectus
RHP Draft Prospectus

Ugro Capital IPO Lead Managers :

■ Sundae Capital Advisors
■ Tipsons Consultancy Services Private Limited
■ Trust Investment Advisors Private Limited

Ugro Capital NCD Debenture Trusteee :

MITCON Credentia Trusteeship Services Limited
(formerly known as MITCON Trusteeship Services Limited)
1403/1403, B-wing, 14th floor, Dalamal Towers,
Free Press Journal Marg, 211,
Nariman Point, Mumbai – 400 021
Telephone: +91 22 2282 8200
Fax: +91 22 2202 4553
Email Id: [email protected]
Website:www.mitcontrustee.com

Groww referal

Ugro Capital NCD IPO Registrar :

Link Intime India Private Limited
C 101, 247 Park B S Marg Vikhroli West,
Mumbai – 400 083
Telephone: +91 22 4918 6200
Email Id: [email protected]
Website: www.linkintime.co.in

Company Address :

Ugro Capital Limited
4th Floor, Tower 3, Equinox Business Park,
Off BKC, LBS Road, Kurla (West),
Mumbai – 400 070, Maharashtra, India
Phone: +91 22 4891 8686
Email: [email protected]
Website: https://www.ugrocapital.com/

Ugro Capital NCD 2022 FAQs:

What is Ugro Capital NCD 2022?
Ugro Capital NCD is Security Bond.

When Ugro Capital NCD will open?
The Ugro Capital NCD is to open on 07 Apr 2022 – 06 Apr 2022.

What is the Ugro Capital NCD 2022 Size?
Ugro Capital NCD size is ₹10 Crores.

What is the issue Shelf size of Ugro Capital NCD 2022?
The Shelf size of Ugro Capital NCD ₹50 Cr.

What is the issue Base size of Ugro Capital NCD 2022?
The Base size of Ugro Capital NCD ₹50 Cr.

What is Ugro Capital NCD Price Band?
Ugro Capital NCD Price Band is ₹1000 Per NCD.

What is Ugro Capital NCD Minimum Lot Size?
The Ugro Capital NCD Minimum Lot Size 10.

What is Ugro Capital NCD 2022 Interest Rate?
The Ugro Capital NCD Interest Rate is 10.90% Annual.

What is the Ugro Capital NCD Allotment Date?
Ugro Capital NCD allotment date is Not Declare.

What is Ugro Capital NCD Listing Date?
Ugro Capital NCD listing date is Not Declare. The IPO to list on NSE, BSE.

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Ugro Capital NCD 2022 Isue Date, Rating & Interest Rates
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