Ugro Capital trades higher on raising Rs 30 crore via NCDs
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Ugro Capital is currently trading at Rs. 282.00, up by 3.50 points or 1.26% from its previous closing of Rs. 278.50 on the BSE.
The scrip opened at Rs. 282.00 and has touched a high and low of Rs. 283.00 and Rs. 275.95 respectively. So far 13827 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 319.85 on 22-Aug-2023 and a 52 week low of Rs. 136.00 on 23-Dec-2022.
Last one week high and low of the scrip stood at Rs. 294.00 and Rs. 273.70 respectively. The current market cap of the company is Rs. 2606.61 crore.
The promoters holding in the company stood at 2.24%, while Institutions and Non-Institutions held 25.02% and 72.74% respectively.
Ugro Capital has raised Rs 30 crore through the allotment of 3000 Listed, Rated, Senior, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each, through private placement. The aforesaid NCDs will be listed on BSE. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee), on November 10, 2023 has, approved allotment of the same.
UGRO Capital is a BSE listed, small business lending fintech platform.
