UGro Capital NCD | Invest on Aspero

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Non-Banking Financial Company

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Up to 11.15%

Yield To Maturity

₹ 1,00,000

Min. Investment

Monthly

Int. Pmt. Freq

2026-01-05

Maturity

Issuance Details

Ugro Capital NCD is rated A+ (Stable) by India Ratings, reflecting indicating low to moderate credit risk, with a strong capacity to meet its financial obligations. This issuance offer yields up to 11.15% and is available exclusively on Aspero, with a remaining tenure of approximately 11 months.

About UGro Capital

Ugro Capital, founded in 2018, is a Mumbai-based Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). Ugro Capital specializes in providing tailored financial solutions to small and medium-sized businesses across various sectors, including healthcare, education, and manufacturing. The company’s focus is on delivering quick and flexible financing options through its innovative technology platform. With a customer-centric approach, Ugro has rapidly expanded its reach, helping businesses grow by offering customized loan products and services.

Promoters and Management

The leadership team at Ugro Capital is composed of highly experienced professionals:

Meet Our Team

Shachindra Nath

Shachindra Nath

Founder and Managing Director with over 25 years of experience in banking, financial services, and leadership. Shachindra previously worked with Kotak Mahindra Bank and has held senior roles in multiple financial institutions. Mr. Nath became an entrepreneur in 2018 by acquiring Chokhani Securities Limited and is now the Vice Chairman & MD of UGRO Capital, a tech-enabled small business lender. Mr. Nath is a qualified lawyer and a University Rank Holder from Banaras Hindu University.

Sharad Agarwal

Sharad Agarwal

Chief Operating and Technology Officer Sharad has 26 years of experience in Business, Startups, Fintech, and Operations within BFSI. He’s skilled in scaling startups, designing IT and operations strategies, and driving digitization. With a proven track record, he’s also a former member of the Gartner Research Forum and a CAPSTONE-certified professional

Financial Performance

Ugro Assets Under Management
UGRO Profit After Tax

Promoters and Management The leadership team at Ugro Capital is composed of highly experienced professionals

Credit Rating: A+

Ugro Capital’s Senior Secured Bonds have been assigned a credit rating of India Ratings A+ (Stable), indicating low to moderate credit risk, with a strong capacity to meet its financial obligations.

Ugro Capital Credit Rating

Have questions?

Get answers to the most frequently asked questions by retail investors

The minimum investment amount is ₹1,00,000 per unit.

Interest is credited on a monthly basis to the account through which the investment was made

There is no lock-in period; however, investors should consider the maturity date when planning their investment since there is little liquidity in the market for such instruments

You can explore NCDs by this issuer on Aspero - head over to invest.aspero.in or download our app to get started.

The units after purchase are deposited directly into your demat account with 48 hours of your investment. You will be able to view the status of your investments and upcoming cash flow on the portfolio page on Aspero.

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