Ugro Capital trades higher on raising Rs 35 crore through NCDs

Ugro Capital is currently trading at Rs. 213.85, up by 1.30 points or 0.61% from its previous closing of Rs. 212.55 on the BSE.

The scrip opened at Rs. 215.65 and has touched a high and low of Rs. 215.65 and Rs. 209.60 respectively. So far 6651 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 220.00 on 07-Jan-2022 and a 52 week low of Rs. 80.00 on 22-Apr-2021.

Last one week high and low of the scrip stood at Rs. 220.00 and Rs. 200.70 respectively. The current market cap of the company is Rs. 1508.56 crore.

The promoters holding in the company stood at 2.88%, while Institutions and Non-Institutions held 9.97% and 87.15% respectively.

Ugro Capital has raised Rs 35 crore through rated, secured, senior, listed, transferable, redeemable nonconvertible debentures (NCDs) and allotted 350 NCDs having face value of Rs 10 lakh each for cash though private placement basis. Date of maturity of the said NCDs will be January 12, 2028.

Ugro Capital is engaged in providing financial services.

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