Mumbai, Feb. 8 -- UGRO Capital has announced the issue of secured, rated, listed, redeemable, non-convertible debentures of the face value of Rs 1,000 each. The issue opened on Thursday, 8 February 2024 and it will close on Wednesday, 21 February 2024 with an option of early closure.

The issue has a base issue size of Rs 100 crore with an option to retain oversubscription up to Rs 100 crore, aggregating up to Rs 200 crore. The NCDs are proposed to be listed on the stock exchanges and NSE is the designated stock exchange for the issue. The NCDs have been rated "IND A/Stable" by India Ratings & Research.

This issue has tenor of 18 months, 24 months, and 27 months for secured NCDs. Effective yield (% per annum) for NCD holders in all categ...