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Press release_U GRO Capital partners with SBM Bank India to launch GRO Smart Business credit card for MSMEs.
08-04-2021
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Press release_U GRO Capital partners with Wadhwani Foundation to help MSMEs thrive in the post Covid-19 era
Download| Date of Incorporation | : | 10th February, 1993 (Erstwhile Chokani Securities Ltd) (Renamed as U GRO Capital Ltd on 26th September, 2018) |
| Registered & CorporateOffice | : | Equinox Business Park, Tower 3, Fourth Floor,
Off BKC, LBS Road, Kurla Mumbai 400070 Mumbai Mumbai City MH 400070 INE-mail : cs@ugrocapital.com Website : www.ugrocapital.com |
| CIN | : | L67120MH1993PLC070739 |
| Board Composition | : | Board of Directors |
| Founder, Chairman, & MD | : | Shri Shachindra Nath |
| Date of Listing | : | 30th September, 2003 |
| DematISIN Numbers in NSDL & CDSL for Equity Shares | : | INE048G01026 |
| No. of outstanding shares | : | 7,05,28,550 |
| What We Do | : | The details of our business are available under ‘ Business Units’ tab on the home page of the Company’s website. |
| ACUITE Ratings and Research | ||||
| Rating as on May 19, 2022 | ||||
|---|---|---|---|---|
| Product | Quantum (INR Cr) | Long Term Rating | Short Term Rating | |
| Bank Loan Ratings | 1,250.00 | ACUITE A+ | Stable | Reaffirmed | - | |
| Commercial Paper (CP) | 275 | - | ACUITE A1+ | Reaffirmed | |
| Non Convertible Debentures (NCD) | 139.7 | PP-MLD | ACUITE AA+ | CE | Stable | Reaffirmed | - | |
| Non Convertible Debentures (NCD) | 75 | PP-MLD | ACUITE A+ | Stable | Reaffirmed | - | |
| Non Convertible Debentures (NCD) | 757.85 | ACUITE A+ | Stable | Reaffirmed | - | |
| Total Outstanding Quantum (Rs. Cr) | 2,497.55 | - | - | |
| Total Withdrawn Quantum | - | - | - | |
| Link to Rating Rational (ACUITE ) | ||||
| CRISIL Ratings | ||||
| Rating Action as on May 26, 2022 | ||||
| Total Bank Loan Facilities Rated | INR 1500 Crore | |||
| Long Term Rating | CRISIL A-/Stable (Assigned) | |||
| INR 250 Crore Long Term Principal Protected Market Linked Debentures | CRISIL PPMLD A- r /Stable (Assigned) | |||
| IINR 250 Crore Non Convertible Debentures | CRISIL A-/Stable (Assigned) | |||
| INR 200 Crore Commercial Paper | CRISIL A1 (Reaffirmed) | |||
| Link to Rating Rational (CRISIL) | ||||
