01-01-1970 12:00 AM | Source: Accord Fintech
Ugro Capital rises on getting nod to raise Rs 70 crore via NCDs
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Ugro Capital is currently trading at Rs. 196.95, up by 0.45 points or 0.23% from its previous closing of Rs. 196.50 on the BSE.  The scrip opened at Rs. 197.30 and has touched a high and low of Rs. 198.00 and Rs. 194.00 respectively. So far 21329 shares were traded on the counter.  The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 229.00 on 17-Jan-2022 and a 52 week low of Rs. 122.10 on 29-Sep-2021.  Last one week high and low of the scrip stood at Rs. 211.50 and Rs. 193.95 respectively. The current market cap of the company is Rs. 1387.55 crore.  The promoters holding in the company stood at 2.87%, while Institutions and Non-Institutions held 9.79% and 87.34% respectively.  Ugro Capital has received an approval for the issuance of 700 Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market Linked Non-Convertible Debentures (NCDs), each having a face value of Rs 10,00,000 an aggregate face value of Rs 70 crore including a green shoe option of upto 200 Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market Linked Non-Convertible Debentures, each having a face value of Rs 10,00,000 and an aggregate face value of Rs 20 crore, at premium per Debenture on a private placement basis. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) at its meeting held on September 22, 2022 has, inter alia, approved the same.  Ugro Capital is engaged in providing financial services.