Ugro Capital Limited Jun '29

Ugro Capital Limited Jun '29

₹9,955.29
YTM
10.60%
Tenure left
34 months
Interest payout
Monthly
Principal payout
Bullet
Bond details
Minimum investment₹9,955.29
Date of maturity16 Jun 2029
ISININE583D07638
Bond typeSenior Secured
Rating
A+
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Maturing on 16 Jun '29 • Monthly payout
About
UGRO Capital Limited (UGRO) is an Indian financial services entity headquartered at Equinox Business Park in Kurla (West), Mumbai, with Shilpa Bhatter serving as its Chief Financial Officer. The company actively raises capital and debt funding across a wide variety of financial instruments, including long-term bank facilities, subordinated debt, and non-convertible debentures (NCDs) via both private placements and public issuances. As of October 2025, UGRO Capital's long-term debt facilities are rated IND A+ by India Ratings and Research and are placed on 'Rating Watch with Positive Implications'.;
Pros and Cons
Pros
Cons
he company maintains a strong IND A+ credit rating across its bank loan facilities, non-convertible debentures, and subordinated debt instruments.
All of the company's rated debt facilities are currently maintained on 'Rating Watch with Positive Implications', indicating potential credit profile improvements or rating upgrades.
The entity possesses a highly diversified lender base that includes leading public sector banks, private commercial banks, small finance banks, and government financial institutions such as State Bank of India, Canara Bank, SIDBI, MUDRA, and EXIM Bank.
The company has demonstrated strong capital market access by successfully issuing both private and public non-convertible debentures along with subordinated debt.
The business maintains substantial unutilized borrowing limits across bank loans, NCDs, and subordinated debt to support future growth and liquidity needs.
Other details
Clean price₹9,966.24
Dirty price₹9,955.29
Current yield10.60%
Security cover--
Issue size150.00Cr
Original bond tenure41 months
TrusteeVardhaman Trusteeship Private Limited
Mode of issueNCD
Listed onNSE
Listing date17 Dec 2025
Coupon rate9.99%
Documents
Rating Rationale
Information Memorandum
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