UGRO CAPITAL Limited

Issue Size (Net)

upto Rs.100 CRORES

Credit Ratings

“IND A+/STABLE

Issue Opening Date

Thursday, October 10, 2024

Issue Closing Date

Wednesday, October 23, 2024

ROI Chart Term Sheet Company Highlights Financials Highlights Prospectus

Specific Terms for Each Series of NCDs
Series	I	II	III
Frequency of Interest Payment	Monthly	Monthly	Monthly
Tenor	18 Months	24 Months	30 Months
Coupon (% per annum) for NCD Holders in all Categories	10.15%	10.25%	10.40%
Effective Yield (% per annum) for NCD Holders in all Categories	10.64%	10.75%	10.91%
Redemption Amount (₹ / NCD) on Maturity for NCD Holders in all Categories	Rs.1,000	Rs.1,000	Rs.1,000

1.Company Information

UGRO Capital Limited is a non-deposit taking systemically important NBFC registered with the RBI and the equity shares of the Company are listed on NSE and BSE. The NCDs proposed to be issued under the Issue have been rated “IND A+/STABLE” for an amount of ₹ 20,000 lakh by India Rating and Research Private Limited. UGRO Capital currently engaged in the business of lending and primarily deals in financing SME and MSME sector with focus on Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment & Components, Auto Components and Light Engineering segments and Micro Enterprises segmentsUGRO is in collaboration with 15 co-lending partners, 55+ lenders, 45+ fintechs, 65+ Anchors, 70+ OEMs and 650+ GRO partners to provide data backed customized finance solutions to over 83,000 MSMEs across India. As on June 30, 2024, UGRO was operating from 23 prime branches and 141 micro branches with an AUM of Rs. 9, 21,772.71 lakh and catering more than 83,500 customers.

2. Ratings

“IND A+/STABLE” by India Ratings & Research Private Limited

3.Ugro Capital NCD Registrar

Link Intime India Private Ltd

C 101, 247 Park, L.B.S.Marg,

Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

Email: ugrocapital.ncd3@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

UGRO CAPITAL NCD Financial Information (Restated Consolidated)

Particulars	Total AUM	Total Disbursement	Total Income	Total Expenditure	Profit after tax	Net worth**	Debt to Equity ratio***	CRAR(%)	Gross Stage 3 Assets(%)	Net Stage 3 Assets(%)	Return on Assets (%)#	"Return on Net worth(%)****
"For three months period ended June 30, 2024"	9,21,772.71	1,84,138.15	30,157.88	25,875.16	3,035.59	1,91,716.25	2.30%	27.94%	2.90%	1.59%	1.88%*	7.24%*
FY2024	9,04,705.74	10,21,712.74	1,08,168.12	90,291.87	11,934.48	1,43,836.17	3.23%	20.75%	3.09%	1.64%	2.25%	9.85%
FY 2023	6,08,070.69	7,19,967.14	68,376.28	59,993.44	3,977.64	9840431%	3.20%	20.23%	2.46%	1.31%	1.11%	4.08%
FY 2022	2,96,890.60	3,13,800.00	31,341.59	29,323.81	1,455.06	96,656.32	1.86	34.37%	2.28%	1.70%	0.63%	1.52%

Issuer	UGRO CAPITAL LIMITED
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	Thursday, October 10, 2024
Issue Closes on	Wednesday, October 23, 2024
Issue Size	100 CRORES (“BASE ISSUE SIZE”) WITH AN OPTION TO RETAIN OVERSUBSCRIPTION UP TO Rs 100 CRORES
Issue Price / Face Value	Rs.1,000/- per NCD
Minimum Application	Rs.10,000/- (10 NCD) and in multiples of Rs.1,000/- (1 NCD) thereafter.
Credit Rating	“IND A+/STABLE
Registrar	Link Intime India Private Limited
Listing	The NCDs are proposed to be listed on BSE and NSE
Category	I - Institutional	II - Non-Institutional	III -HNI	IV-Retail
Category Allocation	25%	25%	25%	25%
Put/Call Option	NA
Mode of Allotment	Compulsorily in dematerialized form.
Allotment	First Come First Serve Basis
Depositories	NSDL and CDSL

Specific Terms for Each Series of NCDs
Series	I	II	III
Frequency of Interest Payment	Monthly	Monthly	Monthly
Tenor	18 Months	24 Months	30 Months
Coupon (% per annum) for NCD Holders in all Categories	10.15%	10.25%	10.40%
Effective Yield (% per annum) for NCD Holders in all Categories	10.64%	10.75%	10.91%
Redemption Amount (₹ / NCD) on Maturity for NCD Holders in all Categories	Rs.1,000	Rs.1,000	Rs.1,000

Prospectus File

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