Ugro Capital Limited has informed the Exchange regarding allotment of NCDs through subordinated debt in the form of Tier-II capital

Fund Raising View source PDF Explain this filing

UGROCAP · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹167.95

prior close

₹164.77

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-0.2% vs market

Non Banking Financial Company (NBFC) peers, median of 199sector-0.6%-0.7% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.7 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 199Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ugro Capital has allotted 5,000 unsecured, subordinated, listed, taxable, redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1 lakh each, aggregating to ₹50 crore, via private placement. The NCDs carry a coupon rate of 11.65% per annum, payable monthly, and have a tenure of 66 months, maturing on 25 March 2031. The NCDs are proposed to be listed on BSE and are being raised as Tier-II capital to strengthen the company's capital adequacy as an NBFC under RBI's Scale-Based Regulations. The allotment was approved by the Investment and Borrowing Committee of the Board on 25 September 2025.

Likely market impact

This ₹50 crore Tier-II capital raise improves Ugro Capital's capital adequacy ratio, supporting its lending growth as an NBFC. The 11.65% coupon is a relatively high cost of borrowing, which may put some pressure on margins, but the long 5.5-year tenor provides stable long-term funding.