Ugro Capital moves up on raising Rs 150 crore by issuing bonds on private placement basis
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Ugro Capital is currently trading at Rs. 190.90, up by 2.10 points or 1.11% from its previous closing of Rs. 188.80 on the BSE.
The scrip opened at Rs. 188.10 and has touched a high and low of Rs. 190.90 and Rs. 188.00 respectively. So far 292 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 212.95 on 22-Nov-2021 and a 52 week low of Rs. 80.00 on 22-Apr-2021.
Last one week high and low of the scrip stood at Rs. 197.15 and Rs. 181.60 respectively. The current market cap of the company is Rs. 1331.58 crore.
The promoters holding in the company stood at 2.88%, while Institutions and Non-Institutions held 9.97% and 87.15% respectively.
Ugro Capital has raised Rs 150 crore by issuing bonds on a private placement basis. The company's Investment and Borrowing Committee has approved the allotment of 150 protected market linked non-convertible debentures aggregating to Rs 150 crore on a private placement basis. The rated, senior, secured, redeemable bonds were allotted on November 30 and will mature on May 30, 2023. The bonds will be listed on the BSE.
Ugro Capital is engaged in providing financial services.
