UGRO Capital Limited announces business update for November 2021

UGRO Capital Limited has announced business update on monthly basis for this Fiscal year. The Company has announced key numbers for the month of November 2021 as below:

• For the month of November 2021, total Disbursements stood at INR 319 Cr vis - a - vis INR 320 Cr in October 2021. As a result, the overall AUM as on November 2021 stood at INR 2,335 Cr up 77% since March 2021 and 118% since November 2020.
• We continue to maintain healthy liquidity position, we raised INR 305 Cr of fresh sanctions during November 2021 and our total liabilities stood at approx. INR 1,583 Cr as of November 2021.
• We added 3 new lenders during November 2021 thereby further diversifying our liability base to a total of 43 lenders.
• Our collection efficiency has improved M-o-M across channels.

The information provided in the monthly update is as per limited review by the Management Team and is not certified by auditor. The company will be disclosing business update on monthly basis for current fiscal.

Shares of Ugro Capital Ltd was last trading in BSE at Rs. 198.55 as compared to the previous close of Rs. 194.65. The total number of shares traded during the day was 15809 in over 821 trades.

The stock hit an intraday high of Rs. 200.55 and intraday low of 194.80. The net turnover during the day was Rs. 3131428.00.

Source : Equity Bulls

Keywords

UgroCapital INE583D01011 NBFC MonthlyUpdate BusinessUpdate November2021