Ugro Capital surges on raising Rs 50 crore via NCDs
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Ugro Capital is currently trading at Rs. 194.30, up by 7.40 points or 3.96% from its previous closing of Rs. 186.90 on the BSE.
The scrip opened at Rs. 197.00 and has touched a high and low of Rs. 197.00 and Rs. 190.15 respectively. So far 4858 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. 115.60 on 30-Aug-2021.
Last one week high and low of the scrip stood at Rs. 197.00 and Rs. 175.55 respectively. The current market cap of the company is Rs. 1361.79 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 raised Rs 50 crore through the allotment of 50000 Rated, Unsubordinated, Unlisted, Secured Transferable, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10,000 each, through private placement. The Investment and Borrowing Committee of the Board of Directors of the Company on August 29, 2022 has, inter-alia, made an allotment of the same.
Ugro Capital is engaged in providing financial services
