|
The Debentures shall be secured by way of a first ranking exclusive and continuing charge to be created pursuant to an unattested deed of hypothecation, dated on or about the Effective Date, executed or to be executed and delivered by the Issuer in a form acceptable to the Debenture Trustee ("Deed of Hypothecation") over the receivables arising out of identified book debts/loan receivables of the Issuer and all rights under the relevant loan documents in respect of the aforementioned identified book debts/loan receivables, and as set out in the Deed of Hypothecation ("Hypothecated Assets") to the extent of security cover of 110%; and such other security interest/contractual comfort as may be agreed between the Issuer and the Debenture Holders |
| Issue Details |
| Issue Open |
10-Oct-2024-18-Oct-2024 |
| Security Name |
Ugro Capital Limited |
| Security Type |
Secured Redeemable Non-Convertible Debentures |
| Issue Size (Base) .Cr |
100 |
| Over subscription |
An Option To Retain Oversubscription Up To Rs. 100 Crores Aggregating To Rs. 200 Crores. |
| Issue Price |
1000 |
| Face Value |
1000 |
| Market Lot |
1 |
| Credit Rating |
IND A+/STABLE by IRRPL. |
| Tenor |
18 Months,24 Months,30 months |
| Series |
Series1,Series2,Series3 |
| Payment Frequency |
Monthly |
| Objects of the Issue: |
|
PUBLIC ISSUE BY OUR COMPANY OF UPTO 2000000 SECURED, RATED, LISTED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF RS. 1000 EACH ("NCDS") FOR AN AMOUNT UP TO RS. 100 CRORE ("BASE ISSUE SIZE") WITH AN OPTION TO RETAIN OVERSUBSCRIPTION UP TO RS. 100 CRORE ("GREEN SHOE OPTION"), FOR AN AGGREGATE AMOUNT OF UP TO RS. 200 CRORE ("ISSUE SIZE" OR "ISSUE LIMIT") |
|
|
|
| Company Promoters |
| Poshika Advisory Services LLP |
|
| Lead Managers |
| 1. Tipsons Consultancy Services Private Limited |
|
| Registrar to the Issue |
| 1. LINK INTIME INDIA PRIVATE LIMITED |
|
|