Press release_U GRO Capital partners with SBM Bank India to launch GRO Smart Business credit card for MSMEs.
08-04-2021
DownloadPress release_U GRO Capital partners with Wadhwani Foundation to help MSMEs thrive in the post Covid-19 era
DownloadDate 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Total Withdrawn Quantum | - | - | - | |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) |