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UGRO Capital jumps on securing patent for proprietary credit scoring model Ugro Capital is currently trading at Rs. 249.55, up by 3.10 points or 1.26% from its previous closing of Rs. 246.45 on the BSE. The scrip opened at Rs. 247.05 and has touched a high and low of Rs. 257.30 and Rs. 246.70 respectively. So far 4989 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 314.85 on 03-May-2024 and a 52 week low of Rs. 213.15 on 27-Mar-2024. Last one week high and low of the scrip stood at Rs...
UGRO Capital jumps on securing patent for proprietary credit scoring model
UGRO Capital jumps on securing patent for proprietary credit scoring model
Source: Accord Fintech
2024-12-11 03:02:07 pm
Buy UGRO Capital Ltd For Target Rs. 360 By Emkay Global Financial Services Ltd Strong AUM growth, led by micro branch addition; higher credit cost hurt profitability Ugro reported a satisfactory performance in Q2FY25, where it delivered a strong performance in terms of highest-ever net disbursement of Rs19.7bn (+34% YoY; +71% QoQ) and AUM reaching Rs101.6bn (+34% YoY; +10% QoQ). The momentum on fund mobilization and co-lending/direct assignment was strong in the quarter, leading to strong growth in Assignment income. Additional write-off in the rundown supply chain f...
Buy UGRO Capital Ltd For Target Rs. 360 By Emkay Global Financial Services Ltd
Buy UGRO Capital Ltd For Target Rs. 360 By Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services Ltd
2024-12-03 02:50:58 pm
UGRO Capital surges after its net profit rises 23% in Q2 Ugro Capital is currently trading at Rs. 239.10, up by 1.60 points or 0.67% from its previous closing of Rs. 237.50 on the BSE. The scrip opened at Rs. 238.05 and has touched a high and low of Rs. 240.75 and Rs. 236.55 respectively. So far 3267 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 314.85 on 03-May-2024 and a 52 week low of Rs. 213.15 on 27-Mar-2024. Last one week high and low of the scrip stood at Rs...
UGRO Capital surges after its net profit rises 23% in Q2
UGRO Capital surges after its net profit rises 23% in Q2
Source: Accord Fintech
2024-10-24 04:17:11 pm
UGRO Capital Limited - Q2 and H1 FY25 Results UGRO Capital, a DataTech NBFC and India’s largest Co-lender in the MSME segment, today announced its robust financial performance for the Second Quarter and Half Year ended September 30, 2024. Advancing on its journey of creating the Largest Small Business Financing Institution driven by Data and Technology, the Company reported its Assets Under Management (AUM) of INR 10,157 Cr as of September 2024, underscoring its sustained momentum and commitment to building a leading platform for M...
UGRO Capital Limited - Q2 and H1 FY25 Results
UGRO Capital Limited - Q2 and H1 FY25 Results
Source: PR Agency
2024-10-23 02:29:55 pm
UGRO Capital Limited - Public Issue Of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (Secured NCDs) Opens Today UGRO Capital Limited, an NBFC focused on MSME lending, today announced the issue of secured, rated, listed, redeemable, non-convertible debentures of the face value of Rs.1,000 each. The Issue has a base issue size of Rs.10,000 lakhs with an option to retain oversubscription up to Rs.10,000 lakhs, aggregating up to Rs. 20,000 lakhs. The Issue opens on Thursday, October 10, 2024 and closes on Wednesday, October 23, 2024 with an option of early closure subject to compliance with Regulation 33A ...
UGRO Capital Limited - Public Issue Of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (Secured NCDs) Opens Today
UGRO Capital Limited - Public Issue Of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (Secured NCDs) Opens Today
Source: PR Agency
2024-10-11 03:31:20 pm
Ugro Capital has reached a total aum of INR 10,200+ cr milestone in Q2 FY25, growing from INR 2,970 crore in March 2022 UGRO Capital, a leading DataTech NBFC focused on MSME lending, today announcedits robust performance for the quarter ended September 30, 2024 (Q2 FY25), marking significant milestones in its journey towards becoming a leading MSME-focused lender. The company has reached a total AUM of INR 10,200+ crore, growing from INR 2,970 crore in March 2022, underscoring its accelerated growth trajectory and investment in DataTech infrastructure. During Q2 FY25, UGRO Capital achieved several lifetime ...
Ugro Capital has reached a total aum of INR 10,200+ cr milestone in Q2 FY25, growing from INR 2,970 crore in March 2022
Ugro Capital has reached a total aum of INR 10,200+ cr milestone in Q2 FY25, growing from INR 2,970 crore in March 2022
Source: PR Agency
2024-10-11 12:51:47 pm
Outperform UGRO Capital Ltd For Target Rs.345 By Choice Broking Ltd UGRO Capital, a tech-driven NBFC, specializes in lending to the MSME sector, positioning itself strongly in a substantial market. Key factors underpinning its positive outlook include: (1) a significant opportunity in MSME lending; (2) superior productivity metrics, highlighting the scalability of its business model; (3) advanced systems and data analytics that bolster asset quality management; (4) a focus on co-lending and co-origination, which enhances capital efficiency, AUM growth, and pr...
Outperform UGRO Capital Ltd For Target Rs.345 By Choice Broking Ltd
Outperform UGRO Capital Ltd For Target Rs.345 By Choice Broking Ltd
Source: Choice Broking
2024-09-23 11:06:49 am
Ugro Capital Unveils second edition of MSME Sampark Report, reinforcing the positive outlook on MSMES & Emphasizing `MSME Achha Hai` UGRO Capital, a leading DataTech NBFC focused on MSME lending, in collaboration with Dun & Bradstreet announced today the release of the second edition of the MSME Sampark – a Bi-annual report on the latest in MSME Lending ecosystem. The report offers critical insights into the recovery of India's MSME sector, particularly in the aftermath of the COVID-19 pandemic, and showcases the sector’s pivotal role in India's economic growth as the country progresses toward its g...
Ugro Capital Unveils second edition of MSME Sampark Report, reinforcing the positive outlook on MSMES & Emphasizing `MSME Achha Hai`
Ugro Capital Unveils second edition of MSME Sampark Report, reinforcing the positive outlook on MSMES & Emphasizing `MSME Achha Hai`
Source: PR Agency
2024-09-22 05:09:15 pm
Quote on India`s Q1 GDP Highlights by Ms. Ritu Prakash Singh, Senior Economist and Head - MSME Research, UGRO Capital Below the Quote on India`s Q1 GDP Highlights by Ms. Ritu Prakash Singh, Senior Economist and Head - MSME Research, UGRO Capital   India's GDP growth for the quarter ending June 2024 registered at 6.7%, slightly below expectations and 1.5 percentage points lower than the same quarter last year. This slowdown is largely due to a high base effect, adverse weather conditions, and restrictions on government activities related to the Lok Sabha election. However, the underlying data r...
Quote on India`s Q1 GDP Highlights by Ms. Ritu Prakash Singh, Senior Economist and Head - MSME Research, UGRO Capital
Quote on India`s Q1 GDP Highlights by Ms. Ritu Prakash Singh, Senior Economist and Head - MSME Research, UGRO Capital
Source: Ugro Capital
2024-09-01 12:14:34 pm
Analysis of Budget Impact on MSME`s by Ugro Capital 1.MSMEs at the Centerstage of Budget 2024: The government has recognized the importance of MSMEs in addressing unemployment and rural distress. The budget for 2024-25 has given special attention to MSMEs, particularly labor-intensive manufacturing, through financing, regulatory changes, and technology support. 2. Improved Access to Credit: A new credit guarantee scheme has been introduced to facilitate term loans for MSMEs to purchase machinery and equipment without requiring collateral or...
Analysis of Budget Impact on MSME`s by Ugro Capital
Analysis of Budget Impact on MSME`s by Ugro Capital
Source: Ugro Capital
2024-08-14 05:56:39 pm
Buy UGRO Capital Ltd For Target Rs. 390 By Emkay Global Financial Services UGRO reported muted performance in Q1, with AUM growing 2% QoQ (36% YoY) to Rs92bn due to weak disbursements of Rs11.4bn (-26% QoQ/-10% YoY), strategic rundown of its supply chain portfolio, and higher BT outs. The management indicated that overall disbursement was impacted owing to heat waves and elections till mid-May, whereas June disbursement has been good and is expected to cover the Q1 shortfall in Q2, on account of a good start to this quarter. In its investor meet, the management main...
Buy UGRO Capital Ltd For Target Rs. 390 By Emkay Global Financial Services
Buy UGRO Capital Ltd For Target Rs. 390 By Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
2024-08-11 03:21:34 pm
UGRO Capital and SIDBI Announce Strategic Co-Lending Partnership to Empower MSMEs UGRO Capital, a DataTech NBFC and India’s largest Co-lender in the MSME segment, today announced its strategic co-lending partnership with the Small Industries Development Bank of India (SIDBI). The partnership is established under the Reserve Bank of India’s (RBI) co-lending framework, designed to leverage the strengths of banks and NBFCs to boost priority sector lending. The co-lending agreement aims to provide faster and more affordable credit to MSMEs, combining UGRO Capita...
UGRO Capital and SIDBI Announce Strategic Co-Lending Partnership to Empower MSMEs
UGRO Capital and SIDBI Announce Strategic Co-Lending Partnership to Empower MSMEs
Source: PR Agency
2024-07-30 09:29:11 am
BUY UGRO Capital Ltd. For Target Rs. 410 - Emkay Global Financial Services Capitalized and powered for the next leg of growth With the recent capital raise of Rs13.3bn (Rs2.75bn of CCD and Rs10.58bn of Warrants) and acquisition of embedded lending Fintech (“MyShubhLife”), Ugro Capital is well capitalized and powered for the next leg of growth from Rs90bn to Rs200bn of AUM, with RoA improving to 4.3% from 2.3% over FY24-27E. Strong capital adequacy post the capital raise and visibility on the same in the coming years, as well as seasoning of the loan b...
BUY UGRO Capital Ltd. For Target Rs. 410 - Emkay Global Financial Services
BUY UGRO Capital Ltd. For Target Rs. 410 - Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-06-27 12:30:41 pm
Quote on RBI MPC Policy by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital Below the Quote on RBI MPC Policy by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital   The Reserve Bank of India forecasting a robust GDP growth of 7.2% for FY25 indicates strong domestic demand and favorable economic conditions, providing MSMEs that are the important cornerstone of the Indian Economy with expanded market opportunities and financial stability. The Banking Sector & NBFCs have shown strong financials in FY24, supported by improve...
Quote on RBI MPC Policy by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital
Quote on RBI MPC Policy by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital
Source: U GRO Capital
2024-06-09 09:51:37 am
Quote on RBI MPC Policy shared by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital Below the Quote on RBI MPC Policy shared by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital   The Reserve Bank of India forecasting a robust GDP growth of 7.2% for FY25 indicates strong domestic demand and favorable economic conditions, providing MSMEs that are the important cornerstone of the Indian Economy with expanded market opportunities and financial stability. The Banking Sector & NBFCs have shown strong financials in FY24, supported by ...
Quote on RBI MPC Policy shared by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital
Quote on RBI MPC Policy shared by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital
Source: U GRO Capital
2024-06-07 05:52:39 pm
Ugro Capital shines on raising Rs 50 crore via commercial papers Ugro Capital is currently trading at Rs. 279.90, up by 16.50 points or 6.26% from its previous closing of Rs. 263.40 on the BSE. The scrip opened at Rs. 275.95 and has touched a high and low of Rs. 282.20 and Rs. 268.70 respectively. So far 104745 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. 213.15 on 27-Mar-2024. Last one week high and low of the scrip stood at...
Ugro Capital shines on raising Rs 50 crore via commercial papers
Ugro Capital shines on raising Rs 50 crore via commercial papers
Source: Accord Fintech
2024-05-30 03:28:08 pm
Ugro Capital moves up on raising Rs 10 crore via commercial papers Ugro Capital is currently trading at Rs. 260.65, up by 2.10 points or 0.81% from its previous closing of Rs. 258.55 on the BSE. The scrip opened at Rs. 260.50 and has touched a high and low of Rs. 260.75 and Rs. 256.85 respectively. So far 6632 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. 186.10 on 18-May-2023. Last one week high and low of the scrip stood at Rs...
Ugro Capital moves up on raising Rs 10 crore via commercial papers
Ugro Capital moves up on raising Rs 10 crore via commercial papers
Source: Accord Fintech
2024-05-10 10:46:24 am
Klub teams up with U GRO Capital to aid INR 150 crores funding to bridge the MSME credit gap in India Klub, Asia’s leading Revenue based Financing platform, today announced that it has partnered with U GRO Capital, a leading DataTech NBFC focused on MSME lending, to disburse INR 150 crores aimed at bridging the credit gap for Micro, Small, and Medium Enterprises (MSMEs) in India. This collaboration marks a significant step towards providing fast, founder-friendly, and flexible debt financing solutions to digital businesses nationwide.   Through this partnership, Klub and...
Klub teams up with U GRO Capital to aid INR 150 crores funding to bridge the MSME credit gap in India
Klub teams up with U GRO Capital to aid INR 150 crores funding to bridge the MSME credit gap in India
Source: PR Agency
2024-04-17 02:47:33 pm
U GRO CAPITAL LAUNCHES #TOGETHERWEGRO CAMPAIGN TO EMPOWER WOMEN ENTREPRENEURS U GRO Capital, a leading DataTech NBFC focused on MSME lending, announces its #TogetherWEGRO campaign, a testament to the company's commitment to diversity, inclusivity, and empowerment. Through this campaign, the company aims to connect with approximately one million women on social media.   At the core of the campaign is the launch of PRAGATI, a business loan tailored for women entrepreneurs. PRAGATI symbolizes the company’s commitment to empowering women by s...
U GRO CAPITAL LAUNCHES #TOGETHERWEGRO CAMPAIGN TO EMPOWER WOMEN ENTREPRENEURS
U GRO CAPITAL LAUNCHES #TOGETHERWEGRO CAMPAIGN TO EMPOWER WOMEN ENTREPRENEURS
Source: PR Agency
2024-03-07 04:08:26 pm
Buy Ugro Capital Ltd For Target Rs.395 - Centrum Broking Ltd UGRO Capital reported strong operating performance with total income, operating profit and earnings 5.7%, 7.1% and 4.9% ahead of our estimates. The beat was driven by higher other income (FV gain on derecognition of Financial Instruments) and opex control. AUM as on 3QFY24 stood at Rs83.6bn, up 64% YoY and 10% QoQ (2-yr CAGR at 80%). Total Income at Rs1.6bn, was up 51% YoY and 10% QoQ, lower than AUM growth as the portfolio yields (reported) declined by 100bps YoY to 16.3%. However, this was ...
Buy Ugro Capital Ltd For Target Rs.395 - Centrum Broking Ltd
Buy Ugro Capital Ltd For Target Rs.395 - Centrum Broking Ltd
Source: Centrum Broking Limited
2024-02-15 02:34:48 pm
Buy Ugro Capital Ltd For Target Rs. 275- Centrum Broking Ltd UGRO Capital reported strong operating performance with total income, operating profit and earnings 5.7%, 7.1% and 4.9% ahead of our estimates. The beat was driven by higher other income (FV gain on derecognition of Financial Instruments) and opex control. AUM as on 3QFY24 stood at Rs83.6bn, up 64% YoY and 10% QoQ (2-yr CAGR at 80%). Total Income at Rs1.6bn, was up 51% YoY and 10% QoQ, lower than AUM growth as the portfolio yields (reported) declined by 100bps YoY to 16.3%. However, this was ...
Buy Ugro Capital Ltd For Target Rs. 275- Centrum Broking Ltd
Buy Ugro Capital Ltd For Target Rs. 275- Centrum Broking Ltd
Source: Centrum Broking Limited
2024-02-08 03:52:21 pm
U GRO CAPITAL`S impact financing receives another endorsement from Asian Development Bank UGRO Capital, a leading DataTech NBFC focused on MSME lending, announced a significant milestone, having successfully raised ~INR 2,500 million through Non-Convertible Debentures (NCDs) from the prestigious Asian Development Bank (ADB). This investment underscores ADB's unwavering commitment to fostering inclusive, resilient, and sustainable prosperity by supporting small businesses at the grassroots level. UGRO had received financing of INR 2,500 million through Non-Convertible Debent...
U GRO CAPITAL`S impact financing receives another endorsement from Asian Development Bank
U GRO CAPITAL`S impact financing receives another endorsement from Asian Development Bank
Source: PR Agency
2024-01-31 01:42:35 pm
Buy Ugro Capital Limited for target Rs.323 - Keynote capital In Q3 FY24, Ugro Capital Ltd (Ugro) recorded a strong growth in total income, driven by Income on Co-Lending which grew by 18% on a QoQ and 78% on a YoY basis to Rs. 764 Mn. Further, Interest Income grew by 6% on a QoQ and 37% on a YoY basis to Rs. 1828 Mn. PPOP increased from Rs. 389 Mn to Rs. 761 Mn, showing a robust growth of 95% on a YoY basis. AUM has increased to Rs. 84 Bn, growing by 10% on a QoQ and 64% on a YoY basis. Strong Loan Origination Ugro continues to deliver strong net...
Buy Ugro Capital Limited for target Rs.323 - Keynote capital
Buy Ugro Capital Limited for target Rs.323 - Keynote capital
Source: Keynote Capital
2024-01-26 09:50:01 am
Pre-Budget Quote : The government must move beyond rhetoric and actively implement measures to strengthen MSMEs by Mr. Shachindra Nath, Founder & Managing Director, U GRO Capital Below the Pre-budget Quote by Mr. Shachindra Nath, Founder & Managing Director, U GRO Capital   “A need for policy support, like enhancing credit guarantee schemes, providing liquidity support, and revisiting the RBI's lending architecture, is required. The government must move beyond rhetoric and actively implement measures to strengthen MSMEs. The credit gap, especially in the universe of enterprises with turnovers ranging from 15 lakhs to 15 crores, stands at ...
Pre-Budget Quote : The government must move beyond rhetoric and actively implement measures to strengthen MSMEs by Mr. Shachindra Nath, Founder & Managing Director, U GRO Capital
Pre-Budget Quote : The government must move beyond rhetoric and actively implement measures to strengthen MSMEs by Mr. Shachindra Nath, Founder & Managing Director, U GRO Capital
Source: PR Agency
2024-01-25 01:56:39 pm
UGRO Capital Limited - Q3 & 9MFY24 Results  U GRO Capital, a DataTech NBFC and India’s largest Co-lender in the MSME segment, today announced its robust financial performance for the Quarter and Nine-month Period ended 31st December 2023, marking a historic achievement as the company enters the prestigious Billion Dollar AUM Club. The Company continued its growth momentum in the third quarter of FY24 with AUM of INR 8,364 Cr (as on Dec’23), up 64% compared to Dec’22. This surge can be attributed to ...
UGRO Capital Limited - Q3 & 9MFY24 Results
UGRO Capital Limited - Q3 & 9MFY24 Results
Source: PR Agency
2024-01-24 11:10:33 am
U GRO Capital and Laghu Udyog Bharati to Elevate MSMES in Bikaner U GRO Capital, a leading DataTech NBFC focused on MSME lending, reaffirms its commitment to empower Micro, Small, and Medium Enterprises (MSMEs) in Rajasthan. In collaboration with Laghu Udyog Bharati, the Company is set to host a seminar in Bikaner as part of their nationwide initiative, aimed at educating small businesses on government schemes and promoting digital credit. This event marks the second in the state of Rajasthan and is part of a series of 100 planned seminars across India. Thi...
U GRO Capital and Laghu Udyog Bharati to Elevate MSMES in Bikaner
U GRO Capital and Laghu Udyog Bharati to Elevate MSMES in Bikaner
Source: PR Agency
2024-01-07 05:46:35 pm
UGRO Capital rises on getting nod to raise Rs 200 crore via NCDs Ugro Capital is currently trading at Rs. 269.25, up by 0.70 points or 0.26% from its previous closing of Rs. 268.55 on the BSE. The scrip opened at Rs. 269.50 and has touched a high and low of Rs. 271.30 and Rs. 265.00 respectively. So far 8082 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. 144.00 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs...
UGRO Capital rises on getting nod to raise Rs 200 crore via NCDs
UGRO Capital rises on getting nod to raise Rs 200 crore via NCDs
Source: Accord Fintech
2023-12-29 02:17:56 pm
U GRO Capital and Laghu Udyog Bharati to Empower Rajasthan`s MSMEs U GRO Capital, a leading DataTech NBFC focused on MSME lending, has joined forces with Laghu Udyog Bharati, an organization dedicated to supporting and promoting micro-enterprises to conduct a seminar in Jodhpur, Rajasthan, as part of their nationwide initiative to educate small businesses on government schemes and promote digital credit. This eventis the first of 100 planned seminars, aimed to raise awareness and provide education to micro-enterprises in India regarding government schem...
U GRO Capital and Laghu Udyog Bharati to Empower Rajasthan`s MSMEs
U GRO Capital and Laghu Udyog Bharati to Empower Rajasthan`s MSMEs
Source: PR Agency
2023-12-21 05:55:35 pm
UGRO Capital raises USD 30 Million through NCDs from FMO U GRO Capital, a leading DataTech NBFC focused on MSME lending, announced today that it has successfully raised ~INR 2,500 million through Non-Convertible Debentures (NCDs) from FMO, the Dutch entrepreneurial development bank. The INR-denominated NCDs issuance was fully subscribed by FMO, reflecting the bank's commitment to fostering inclusive and sustainable prosperity by supporting entrepreneurs. U GRO Capital has been focused on bridging the credit gap in India’s MSME Sector. ...
UGRO Capital raises USD 30 Million through NCDs from FMO
UGRO Capital raises USD 30 Million through NCDs from FMO
Source: PR Agency
2023-12-19 01:50:12 pm
Buy Ugro Capital Ltd For Target Rs.395 - Centrum Broking Ltd The GROwth stage is in place We initiate coverage on UGRO Capital (UGRO) with a BUY rating and a Target Price of Rs395, premised on 2.0x 1HFY26E P/ABV, offering 49% upside. UGRO Capital is a techenabled NBFC with exclusive lending focus on MSME segment. Our positive stance is underpinned by (1) large TAM in MSME lending; (2) strong productivity metrics vis-àvis peers reflecting scalability of business model; (3) efficient systems and processes backed by data analytics giving comfort...
Buy Ugro Capital Ltd For Target Rs.395 - Centrum Broking Ltd
Buy Ugro Capital Ltd For Target Rs.395 - Centrum Broking Ltd
Source: Centrum Broking Limited
2023-12-14 02:54:44 pm
UGRO Capital soars on raising Rs 249.60 crore through NCDs UGRO Capital is currently trading at Rs. 265.45, up by 6.20 points or 2.39% from its previous closing of Rs. 259.25 on the BSE. The scrip opened at Rs. 260.55 and has touched a high and low of Rs. 265.80 and Rs. 260.05 respectively. So far 7526 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...
UGRO Capital soars on raising Rs 249.60 crore through NCDs
UGRO Capital soars on raising Rs 249.60 crore through NCDs
Source: Accord Fintech
2023-12-13 11:48:40 am
Quote on RBI Monetary Policy announcement by Mr. Kishore Lodha, Chief Financial Officer, U GRO Capital Below the Quote on RBI Monetary Policy announcement by Mr. Kishore Lodha, Chief Financial Officer, U GRO Capital   “The RBI has kept the rates unchanged, which is on expected lines, as inflation is moderating. Core inflation and food inflation – both are showing signs of moderation, and it was expected that rates would remain stable for some time. The RBI is very focused on bringing the inflation target down to 4%. Until that level is achieved, the RBI is likely to...
Quote on RBI Monetary Policy announcement by Mr. Kishore Lodha, Chief Financial Officer, U GRO Capital
Quote on RBI Monetary Policy announcement by Mr. Kishore Lodha, Chief Financial Officer, U GRO Capital
Source: UGRO Capital
2023-12-09 09:08:24 am
Quote on the ramifications of RBI`s decision to increase the risk weight on consumer loans By Kishore Lodha, CFO - U GRO Capital  Below the quote on elaborated on the ramifications of RBI’s decision to increase the risk weight on consumer loans by Kishore Lodha, CFO – U GRO Capital  Kishore Lodha, Chief Financial Officer of U GRO Capital elaborated on the ramifications of RBI’s decision to increase the risk weight on consumer loans. He said, “UGRO’s customer base is registered MSMEs, having Udyam registrations, for both secured and unsecured loans with 100% Priority S...
Quote on the ramifications of RBI`s decision to increase the risk weight on consumer loans By Kishore Lodha, CFO - U GRO Capital 
Quote on the ramifications of RBI`s decision to increase the risk weight on consumer loans By Kishore Lodha, CFO - U GRO Capital 
Source: PR Agency
2023-11-30 06:24:15 pm
Mr. Shachindra Nath, Founder, Vice Chairman & Managing Director of UGRO Capital Ltd. joins the Board of FIDC Finance Industry Development Council (FIDC) is a Representative Body of NBFCs registered with the Reserve Bank of India. FIDC was formed 19 years ago and is the recognized face of the NBFC sector. FIDC has been engaged in regular interaction both with Reserve Bank of India and Govt. of India, which include pre-budget meetings and also important policy related meetings with RBI. Almost all the leading NBFCs and a large number of small and medium sized NBFCs are members. FIDC and its Board o...
Mr. Shachindra Nath, Founder, Vice Chairman & Managing Director of UGRO Capital Ltd. joins the Board of FIDC
Mr. Shachindra Nath, Founder, Vice Chairman & Managing Director of UGRO Capital Ltd. joins the Board of FIDC
Source: PR Agency
2023-11-23 02:19:50 pm
Clarification: RBI Circular dated November 16th, 2023, Regulatory measures towards consumer credit and bank credit to NBFCs This is with reference to the circular dated 16th November 2023 issued by the Reserve Bank of India   with respect to consumer credit by Banks/NBFCs and bank credit to NBFCs. We would like to inform you that the debt equity ratio and the capital adequacy of the Company (“UGRO”) as on 30th September’2023 was 2.8x, and 24.8% respectively. UGRO is a DataTech driven dedicated MSME lender, we have a diversified portfolio managed under our branch led channel for secur...
Clarification: RBI Circular dated November 16th, 2023, Regulatory measures towards consumer credit and bank credit to NBFCs
Clarification: RBI Circular dated November 16th, 2023, Regulatory measures towards consumer credit and bank credit to NBFCs
Source: PR Agency
2023-11-22 09:06:55 am
Ugro Capital trades higher on raising Rs 30 crore via NCDs 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 R...
Ugro Capital trades higher on raising Rs 30 crore via NCDs
Ugro Capital trades higher on raising Rs 30 crore via NCDs
Source: Accord Fintech
2023-11-10 02:28:23 pm
Buy UGRO Capital Ltd For Target Rs.425 - Emkay Global Financial Services UGRO Capital reported a good set of numbers in Q2FY24, with growth in AUM (+74% YoY/+12% QoQ), Profitability (PAT: Rs289mn, over 14% YoY, and above 5x YoY) and Asset Quality (GS3/NS3: 2.85%/1.52%)—broadly conforming with Company guidance. UGRO’s investments in tech, data and physical infra have delivered strong growth in the ‘on-book’ and ‘off-book’ (colending/co-origination), with reasonable asset quality driving stronger profitability growth, led by opera...
Buy UGRO Capital Ltd For Target Rs.425 - Emkay Global Financial Services
Buy UGRO Capital Ltd For Target Rs.425 - Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-11-06 12:20:18 pm
Ugro Capital surges on reporting over 5-fold jump in Q2 net profit Ugro Capital is currently trading at Rs. 302.85, up by 9.05 points or 3.08% from its previous closing of Rs. 293.80 on the BSE. The scrip opened at Rs. 305.00 and has touched a high and low of Rs. 313.20 and Rs. 298.55 respectively. So far 55060 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 R...
Ugro Capital surges on reporting over 5-fold jump in Q2 net profit
Ugro Capital surges on reporting over 5-fold jump in Q2 net profit
Source: Accord Fintech
2023-10-27 11:41:40 am
Buy UGRO Capital Ltd For Target Rs.425 - Emkay Global Financial Services We initiate coverage on UGRO Capital with a BUY recommendation and target price of Rs425/share (implied FY25E P/BV: 2.1x), offering 47% upside. UGRO?s relative obscurity is mainly due to its private equity business model?techenabled, talent-intensive and frontloaded cost structure?designed to support scale while minimizing risk. Our conviction about UGRO?s strategy rests on 3 pillars: i) MSME-focused lending with large TAM. ii) Business model optimized for sectors, with stress on data homogen...
Buy UGRO Capital Ltd For Target Rs.425 - Emkay Global Financial Services
Buy UGRO Capital Ltd For Target Rs.425 - Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-10-24 11:37:46 am
UGRO Capital moves higher on reporting 73% growth in overall AUM in Q2FY24 UGRO Capital is currently trading at Rs. 286.20, up by 13.75 points or 5.05% from its previous closing of Rs. 272.45 on the BSE.The scrip opened at Rs. 294.30 and has touched a high and low of Rs. 294.30 and Rs. 284.45 respectively. So far 16206 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. 294.30 and Rs. 2...
UGRO Capital moves higher on reporting 73% growth in overall AUM in Q2FY24
UGRO Capital moves higher on reporting 73% growth in overall AUM in Q2FY24
Source: Accord Fintech
2023-10-11 11:15:38 am
Quote On RBI Monetary Policy Commitee : Once again, the primary focus of the RBI Monetary Policy this time has been on inflation says Mr. Kishore Lodha, U GRO Capital Below the Quote on RBI Monetary Policy Commitee by Mr. Kishore Lodha, Chief Financial Officer, U GRO Capital ?Once again, the primary focus of the RBI Monetary Policy this time has been on inflation. Since the current inflation is far above the targeted rate of 4%, immediate rate cuts seem to be unlikely, thus rates will remain elevated for some more time. On the positive side, GDP growth has been projected to be at 6.5%, manufacturing and services sector PMI data has been at a...
Quote On RBI Monetary Policy Commitee : Once again, the primary focus of the RBI Monetary Policy this time has been on inflation says Mr. Kishore Lodha, U GRO Capital
Quote On RBI Monetary Policy Commitee : Once again, the primary focus of the RBI Monetary Policy this time has been on inflation says Mr. Kishore Lodha, U GRO Capital
Source: PR Agency
2023-10-06 03:45:53 pm
Peer Company research report of UGRO Capital against SBFC Finance Limited by ULJK Comparative Highlights of Peer Analysis Report: SBFC Finance and UGRO CapitalAsset Under Management (AUM): ? SBFC Finance: Demonstrating consistent growth in AUM, the company's assets under management increased from 22 billion in FY21 to 49 billion in FY23, exemplifying successful expansion and presenting a noteworthy 2-year compound annual growth rate (CAGR) of 49%. ? UGRO Capital: On a comparative note, UGRO achieved much better AUM growth, boasting a 2-year CAGR of 116%...
Peer Company research report of UGRO Capital against SBFC Finance Limited by ULJK
Peer Company research report of UGRO Capital against SBFC Finance Limited by ULJK
Source: PR Agency
2023-10-03 04:47:36 pm
Ugro Capital surges on raising Rs 50 crore via NCDs Ugro Capital is currently trading at Rs. 295.30, up by 7.65 points or 2.66% from its previous closing of Rs. 287.65 on the BSE.The scrip opened at Rs. 285.30 and has touched a high and low of Rs. 302.10 and Rs. 281.70 respectively. So far 34425 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. 307.05 and Rs. 28...
Ugro Capital surges on raising Rs 50 crore via NCDs
Ugro Capital surges on raising Rs 50 crore via NCDs
Source: Accord Fintech
2023-09-20 12:37:08pm