Ugro Capital shines on getting nod to acquire Profectus Capital
Ugro Capital is currently trading at Rs. 175.75, up by 4.45 points or 2.60% from its previous closing of Rs. 171.30 on the BSE.
The scrip opened at Rs. 182.05 and has touched a high and low of Rs. 183.35 and Rs. 174.75 respectively. So far 68340 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 294.00 on 01-Jul-2024 and a 52 week low of Rs. 144.10 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 183.35 and Rs. 168.05 respectively. The current market cap of the company is Rs. 2018.52 crore.
The promoters holding in the company stood at 2.23%, while Institutions and Non-Institutions held 29.10% and 68.67% respectively.
Ugro Capital has received approval for acquisition of Profectus Capital by way of purchase of 100% of the shares for an aggregate purchase consideration of Rs 1398.60 crore payable in cash in a single tranche on closing. Additionally, the company has executed the Share Purchase Agreement (SPA) with Actis PC Investment (Mauritius), Actis PC (Mauritius), and Profectus Capital.
The Board of Directors of the company in its meeting held on June 17, 2025, has, inter-alia, considered, discussed and approved the same.
Ugro Capital is a BSE listed, small business lending fintech platform.
