Opening Date
3 Apr 2025
Closing Date
21 Apr 2025
Yield
Upto 11.01%
Tenure
Upto 42 Months
Time to Close
Ongoing IPO
Opening Date
3 Apr 2025
Closing Date
21 Apr 2025
Time to close
Yield
Upto 11.01%
Tenure
Upto 42 Months
| Issue Size (Including Green Shoe Option) | 200 | ||
| Face Value | 1000 | ||
| Coupon | Upto 10.50% | ||
| Minimum Number of Bonds | 10 | ||
| Lot Size (Multiplier) | 1 | ||
| Allotment Date (Tentative) | 23 Apr 2025 | ||
| Listing Date (Tentative) | 24 Apr 2025 | ||
| Exchange Bid Time (24 Hours) | 10:00 to 17:00 | ||
Documents attached
*Allotment on first come first serve basis
Series | I | II | III | IV | V |
Nature Of NCDs | Secured Redeemable Non Convertible Debenture | ||||
Who Can Apply | Everyone | ||||
Tenure | 18 Months | 18 Months | 24 Months | 30 Months | 42 Months |
Frequency of Interest payment | MONTHLY | YEARLY | MONTHLY | MONTHLY | MONTHLY |
Best Coupon Rate (% p.a.) for: | |||||
Category 1 | 10.00 % | 10.39 % | 10.15 % | 10.25 % | 10.50 % |
Category 2 | 10.00 % | 10.39 % | 10.15 % | 10.25 % | 10.50 % |
Category 3 | 10.00 % | 10.39 % | 10.15 % | 10.25 % | 10.50 % |
Category 4 | 10.00 % | 10.39 % | 10.15 % | 10.25 % | 10.50 % |
Effective Yield (% p.a.) for: | |||||
Category 1 | 10.47 % | 10.47 % | 10.64 % | 10.75 % | 11.01 % |
Category 2 | 10.47 % | 10.47 % | 10.64 % | 10.75 % | 11.01 % |
Category 3 | 10.47 % | 10.47 % | 10.64 % | 10.75 % | 11.01 % |
Category 4 | 10.47 % | 10.47 % | 10.64 % | 10.75 % | 11.01 % |
Application process on BondsIndia platform is simple and seamless.
•Click on the details of the company on the home page
•Fill in the Application form with the basic details such as Name, email address, mobile number, Pan details, bank and Demat details
•Then, confirm the quantity and price and select payment method.
•That's all folks , bidding complete!
Reach out to on info@bondsindia.com for more questions. Thank you for tuning in with BondsIndia.
BondsIndia is an online platform for fixed-income securities such as IPOs, bonds, 54EC bonds, and fixed deposits. With a cumulative pedigree of 50+ years in the bond market, we aim to democratize the market for common investors by stationing detailed insights, expert advice, and keeping a close watch on the market sentiment. BondsIndia brings up-to-date information when IPOs go live, fixed deposits with higher interests, and bonds with competitive price before anyone else.
BondsIndia ditches the traditional ways of investing by offering a Technology based platform for investors that ensures instant online settlements and reduces counter-party risks. Choose BondsIndia for its sleek interface, fail-safe communication and step-by-step guide to ensure a well-placed bid. You can apply for Edelweiss Financial Services Limited IPO on BondsIndia's website.
Place your bid in three simple steps:
Key in Basic Details
Choose the IPO Series
Place the bid
Application process on BondsIndia platform is simple and seamless.
Reach out to on info@bondsindia.com for more questions. Thank you for tuning in with BondsIndia.
UGRO Capital Limited is a systemically important non deposit taking Non Banking Financial Company NBFC registered with the RBI. It is a publicly listed entity on both the NSE and BSE with a market capitalization of INR 15.59 billion. UGRO Capital Limited is a Data Tech Lending platform that uses its strong distribution reach and Data-tech methodology to solve Indias small business credit gap. UGRO specializes in lending to SMEs and MSMEs focusing on sectors like Healthcare Education Chemicals Food Processing FMCG Hospitality Electrical Equipment and Components Auto Components Light Engineering and Micro Enterprises.
Strong growth in franchise
UGROS AUM grew multifold to INR101.6billion at end 2QFY25 from INR13.2 billion at end FY21, largely driven by its off-book AUM, which grew to INR44.9 billion from just INR0.11 billion over the same period. The on book AUM too grew by a strong CAGR of nearly 52% during the same period. UGRO has 12 co-lending and coorigination partnerships, of which six are public sector banks. It also has a partnership with fintech companies, which act as business correspondent partners for the company
Adequate Capital Buffers
UGRO has a demonstrated track record of capital raising. In 1QFY24 the company raised INR3.4 billion. In addition, UGRO has approved capital raise of INR12.7 billion through compulsory convertible debt CCD and warrant issuance of INR2.58 billion and INR10.07 billion, respectively. The agency believes the current capital would be adequate to support growth over the next six to eight quarters.
Enablers in Place to Drive Franchise Expansion
UGRO has invested in technology infrastructure, data analytics, human resources and systems and processes to expand its franchisee over the near to medium term. It follows a blend of physical and digital framework for sourcing, underwriting, disbursements and collections. UGRO uses a high tech model, wherein customers are sourced through its branch network, direct sales agents, anchors for dealer financing, original equipment manufacturers, coorigination partners and digital channel.
Limited Track Record
UGRO began operations in 2018 and it has built an AUM of INR101.6 billion since then. While UGROs portfolio has been witnessing strong growth, the franchise size remains at a medium level.
Moderate Profitability
UGRO has been profitable since its first year of operations, although its profitability during FY20 FY21 was aided by tax write backs. The entity has been reporting a positive profit before tax, though it has been at modest levels due to high operating costs.
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BondsIndia is a brand name of Launchpad Fintech Private Limited, an e-business platform for Fixed Income securities that uses technology as a means to provide quality & real-time financial solutions to users.
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