₹399.36 Crores | Listing at BSE, NSE | Fri, Jun 13, 2025 - Mon, Jun 23, 2025
Ugro Capital Ltd Rights Issue comprises 2.47 Cr equity shares aggregating to ₹399.36 Cr, offered at an issue price of ₹162 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Jun 5, 2025, with the Rights Issue being offered in the entitlement ratio of 50 : 189.
The term of payment is defined as following : The entire Issue Price will be payable at the time of making the application in the Issue.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 24, 2025.
The Rights Issue opens on Jun 13, 2025, and closes on Jun 23, 2025, with renunciation of Rights Entitlements permitted up to Jun 18, 2025.
The deemed date of allotment is Jun 24, 2025, following which the equity shares are expected to be credited to demat accounts on Jun 25, 2025 and listed at the NSE and the BSE on Jun 26, 2025.
MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Ugro Capital Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Jun 5, 2025
Entitlement Ratio
50 : 189
Open Date
Fri, Jun 13, 2025
Close Date
Mon, Jun 23, 2025
The entire Issue Price will be payable at the time of making the application in the Issue.
Ugro Capital Ltd's revenue increased by 33% and profit after tax (PAT) rose by 33% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 9,168.31 | 6,279.98 |
| Revenue | 1,441.85 | 1,081.68 |
| Profit After Tax | 151.22 | 113.85 |
| Amount in ₹ Crore | ||
Incorporated in 1993, UGRO Capital Ltd is a Mumbai-based DataTech Non-Banking Financial Company (NBFC) specializing in financing Micro, Small, and Medium Enterprises (MSMEs) across India.
With its data-driven lending model, UGRO has rapidly expanded its footprint, now serving over 150,000 customers across more than 235 branches in India.
UGRO Capital operates with a strong sectoral focus, targeting nine high-potential sectors: healthcare, education, chemicals, food processing/FMCG, hospitality, auto components, electrical equipment, light engineering, and micro enterprises.
The company offers a broad range of financial products including unsecured business loans, loans against property, equipment financing, supply chain finance, loans for educational institutions, and electric vehicle financing.
Additionally, UGRO has built strong co-lending partnerships with major institutions like SBI, Bank of India, Central Bank of India, Tata Capital, and Mahindra Finance to expand its lending capabilities and reach.
The Company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:
[Dilip Davda] UCL is an NBFC focusing on MSME lending to the select segments. It posted growth in its top and bottom lines for the FY24 and FY25. The company is operating in a highly competitive and fragmented segment. Based on its financial data and the stock market data, the issue appears fully priced discounting all near term positives. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...
Ugro Capital Rights Issue 2025 got subscribed by 0.88 times by the end of the bidding period with total bid quantity received by BSE and NSE of 2,17,49,688 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Jun 23 2025 17:00:00 | 1,87,99,736 | 29,49,952 | 2,17,49,688 | 0.88x |
Ugro Capital Ltd
Equinox Business Park, Tower 3,
Fourth Floor, Off BKC,
LBS Road, Kurla, Mumbai - 400070
Mumbai, Maharashtra, 400070
The Ugro Capital Rights Issue 2025 opens on Fri, Jun 13, 2025, and closes on Mon, Jun 23, 2025.
Ugro Capital Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Jun 6, 2025 |
| Last Date for renunciation of Rights Entitlements | Wed, Jun 18, 2025 |
| Issue Opening Date | Fri, Jun 13, 2025 |
| Issue Closing Date | Mon, Jun 23, 2025 |
| Date of Allotment (on or about) | Tue, Jun 24, 2025 |
| Date of Credit (on or about) | Wed, Jun 25, 2025 |
| Date of Listing (on or about) | Thu, Jun 26, 2025 |
You can apply for Ugro Capital Rights Issue 2025 in two ways:
Steps to apply for Ugro Capital Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Ugro Capital Rights Issue 2025 using Registrar's website (R-WAP)
