UGRO Capital spurts on getting nod to raise Rs 270 crore through NCDs
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
UGRO Capital is currently trading at Rs. 238.35, up by 6.30 points or 2.71% from its previous closing of Rs. 232.05 on the BSE.
The scrip opened at Rs. 229.40 and has touched a high and low of Rs. 240.65 and Rs. 229.40 respectively. So far 28253 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 240.65 on 1-June-2023 and a 52 week low of Rs. 130.90 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 240.65 and Rs. 202.70 respectively. The current market cap of the company is Rs. 2144.45 crore.
The promoters holding in the company stood at 2.87%, while Institutions and Non-Institutions held 8.97% and 88.15% respectively.
UGRO Capital has received an approval for the issuance of upto 27000 Senior, Secured, Rated, Unlisted, Redeemable, Transferable Non-Convertible Debentures (NCDs) denominated in Indian Rupees each having face value of Rs 1,00,000 aggregating upto Rs 270 crore in dematerialised form, on a private placement basis. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) at its meeting held on May 31, 2023 has, inter alia, approved the same
UGRO Capital is a BSE listed, small business lending fintech platform.
