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A+ | INDIA RATINGS AND RESEARCH PVT. LTD. NCD Secured
13.25%
YTM
N/A
Minimum investment
Monthly
Payout
06 May 2031
Maturity
11.65%
Coupon Rate
₹1,00,000
Face Value
13.25% / +160 bpsYTM vs coupon

yield above stated coupon

N/AClean / dirty price

Excluding / including accrued interest

About the issuer

UGRO Capital Limited, established in 2018 by Mr. Shachindra Nath, is a pioneering DataTech Non-Banking Financial Company (NBFC) based in Mumbai, India. The company specializes in providing customized loan solutions to Micro, Small, and Medium Enterprises (MSMEs) across nine key sectors: Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment and Components, Auto Components, Light Engineering, and Micro Enterprises. UGRO Capital leverages advanced data analytics and its proprietary underwriting model, GRO Score 3.0, to assess creditworthiness and deliver tailored financing options. As of June 2026, the company has a network of over 300 branches, serving more than 400,000 customers, with an Assets Under Management (AUM) of approximately ₹15,013 crore.

Issuance date
06 Nov 2025

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