Ugro Capital Ltd
Ugro Capital Ltd Company History
UGRO Capital is a systemically important non-deposit taking Non-Banking Financial Company (‘NBFC-ND-SI’) as defined under Section 45-IA of the Reserve Bank of India Act, 1934 under registration no. 13.00325. The Company is engaged in the business of lending and primarily deals in financing MSME sector with focus on Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment & Components, Auto Components and Light Engineering segments.
2000
The Company Offer/issue/allotment upto 20,00,000 No. of equity shares of the company at a price not less than Rs 10/- per share.
2000
2007
Registered Office of the Company has been shifted From 9/16D, Fort Mansion, British Hotel Lane, Fort, Mumbai To 5A, Maker Bhavan No.2, Sir Vithaldas Thackersey Marg, New Marine Lines, Mumbai.
2007
2018
Company name has changed to Ugro Capital Ltd. from Chokhani Securities Ltd.
2018
2021
Ugro Capital signs co-lending agreement with Central Bank of India.
Ugro Capital launched ÂPrathamÂ, a INR 1,000 Cr MSME Co-lending Program in partnership with Bank of Baroda.
Ugro Capital partners with SBM Bank India to launch ÂGRO Smart Business credit card for MSMEs.
2021
