{"id":4426,"date":"2022-09-05T13:24:07","date_gmt":"2022-09-05T13:24:07","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=4426"},"modified":"2026-04-13T10:20:01","modified_gmt":"2026-04-13T10:20:01","slug":"u-gro-capital-ncd-ipo-september-2022-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/","title":{"rendered":"U GRO Capital NCD IPO \u2013 September 2022, Should you invest?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Bond_overview\" >Bond overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#INVEST_NOW\" >INVEST NOW<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Coupon_rates_and_effective_yield_for_each_of_the_series\" >Coupon rates and effective yield for each of the series<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Allocation_Ratio\" >Allocation Ratio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Investment_Process_for_U_GRO_Capital_NCD_IPO\" >Investment Process for U GRO Capital NCD IPO<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Invest_in_Bond_IPO_online_in_just_5_minutes\" >Invest in Bond IPO online in just 5 minutes<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Issue_analysis\" >Issue analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#About_U_GRO_Capital\" >About U GRO Capital<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Financial_Overview\" >Financial Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Cash_flow_for_last_5_years_in_crores\" >Cash flow for last 5 years\u00a0(in crores)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Ratio_Analysis\" >Ratio Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Key_Highlights\" >Key Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Strengths\" >Strengths<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Weakness\" >Weakness<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#To_get_better_returns_than_Bank_FDs_invest_in_NCD-IPOs_online\" >To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/#Previous_NCD_IPO_from_U_GRO_Capital\" >Previous NCD IPO from U GRO Capital<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bond_overview\"><\/span><b>Bond overview<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">High Yield\u00a0|\u00a0A+ Rated\u00a0|\u00a0Minimum Investment: 10k Only<\/span><\/p>\n<p><span style=\"font-weight: 400;\">U GRO Capital<\/span> <span style=\"font-weight: 400;\">is issuing the Non-Convertible <a href=\"https:\/\/goldenpi.com\/blog\/essentials\/what-are-debentures-explained\/\">Debentures.<\/a> These NCDs are A+\/Stable by ACUITE and A-\/Stable by CRISIL. The NCDs are being issued in three series: coupon ranges from 10.15% to 10.50% p.a. and different tenures of 18 months , 27 months\u00a0 and 36 months. The NCDs are secured and redeemable in nature.<\/span><\/p>\n<h2><img decoding=\"async\" class=\"alignnone wp-image-4430\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124034\/U-GRO-2-946x1024.png\" alt=\"Bond overview for U GRO Capital NCD IPO\" width=\"946\" height=\"1024\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124034\/U-GRO-2-946x1024.png 946w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124034\/U-GRO-2-277x300.png 277w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124034\/U-GRO-2-768x831.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124034\/U-GRO-2-1170x1267.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124034\/U-GRO-2-585x633.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124034\/U-GRO-2.png 1381w\" sizes=\"(max-width: 946px) 100vw, 946px\" \/><\/h2>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"INVEST_NOW\"><\/span><a href=\"https:\/\/goldenpi.com\/bonds\/GPID101605\/u-gro-capital-limited-105-bond-yield?src=preview?utm_source=blog&amp;utm_medium=blog&amp;utm_UGROSEPT\"><strong>INVEST NOW<\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Coupon_rates_and_effective_yield_for_each_of_the_series\"><\/span><b>Coupon rates and effective yield for each of the series<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Allocation_Ratio\"><\/span><img decoding=\"async\" class=\"aligncenter wp-image-4440\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033-1024x554.png\" alt=\"Coupon rates and effective yield\" width=\"613\" height=\"332\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033-1024x554.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033-300x162.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033-768x416.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033-1536x832.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033-1170x634.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033-1920x1040.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033-585x317.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05132159\/IMG_20220905_185033.png 2000w\" sizes=\"(max-width: 613px) 100vw, 613px\" \/><strong>Allocation Ratio<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The allocation ratio is prepared based on norms laid down by SEBI. Before announcing the allocation ratio, the same has to be approved by SEBI.\u00a0 Once the IPO subscription closes, applications will be divided into different categories. The category-wise allocation ratio is always decided and declared during the launch of the particular IPO. Considering the Allocation Ratio, units will be assigned to applicants. Refer to the chart to know the application ratio for U GRO Capital NCD-IPO.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4432\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124257\/Colorful-Minimalist-Pie-Chart-Budget-Infographic-Graph.png\" alt=\"Allocation Ratio for U GRO Capital NCD IPO\" width=\"482\" height=\"361\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124257\/Colorful-Minimalist-Pie-Chart-Budget-Infographic-Graph.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124257\/Colorful-Minimalist-Pie-Chart-Budget-Infographic-Graph-300x225.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124257\/Colorful-Minimalist-Pie-Chart-Budget-Infographic-Graph-768x576.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124257\/Colorful-Minimalist-Pie-Chart-Budget-Infographic-Graph-585x439.png 585w\" sizes=\"(max-width: 482px) 100vw, 482px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Investment_Process_for_U_GRO_Capital_NCD_IPO\"><\/span><b>Investment Process for U GRO Capital NCD IPO<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can invest in IPOs via GoldenPi in 3 easy steps.<\/p>\n<p><strong>If the investment amount is less than &amp; up to 10 lakhs<\/strong>, retail investors can apply for an IPO online.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4385\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021643\/IPO-1024x512-1-1.jpeg\" alt=\"investment amount is less than &amp; up to 10 lakhs\" width=\"599\" height=\"300\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021643\/IPO-1024x512-1-1.jpeg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021643\/IPO-1024x512-1-1-300x150.jpeg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021643\/IPO-1024x512-1-1-768x384.jpeg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021643\/IPO-1024x512-1-1-585x293.jpeg 585w\" sizes=\"(max-width: 599px) 100vw, 599px\" \/><\/p>\n<p><b><i>If the investment amount is more than 10 Lakhs.<\/i><\/b><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4386\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021757\/More-than-10-lakhs-1-1024x512-1-1.jpeg\" alt=\"investment amount is more than 10 Lakhs\" width=\"619\" height=\"310\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021757\/More-than-10-lakhs-1-1024x512-1-1.jpeg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021757\/More-than-10-lakhs-1-1024x512-1-1-300x150.jpeg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021757\/More-than-10-lakhs-1-1024x512-1-1-768x384.jpeg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/04021757\/More-than-10-lakhs-1-1024x512-1-1-585x293.jpeg 585w\" sizes=\"(max-width: 619px) 100vw, 619px\" \/><\/p>\n<h1 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Invest_in_Bond_IPO_online_in_just_5_minutes\"><\/span><strong><a href=\"https:\/\/goldenpi.com\/bond-ipo-online?utm_source=blog&amp;utm_medium=blog&amp;utm_UROSEPT\">Invest in Bond IPO online in just 5 minutes<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2><span class=\"ez-toc-section\" id=\"Issue_analysis\"><\/span><b>Issue analysis<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Pros\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The NCD is <a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/list-of-a-rated-bonds\/\">A+ rated<\/a> security with a stable outlook.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The coupon rate is between 10.15% to 10.50% which is much higher than FDs.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Cons\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest Coverage Ratio has been decreasing over the years indicating that the company might not be able to service its debt obligation.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_U_GRO_Capital\"><\/span><b>About U GRO Capital<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Formerly known as Chokhani Securities, U GRO Capital Limited is a publicly listed NBFC. It provides debt financing to MSMEs <\/span><span style=\"font-weight: 400;\">(Micro, Small and Medium Enterprises) and Indian consumers. It was established in 1993.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company\u2019s mission is to \u201cSolve the Unsolved\u201d. They aim to fulfill the credit needs of Small businesses of US$ 600 Bn.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Overview\"><\/span><b>Financial Overview<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Chart stating the Revenue, Expenses, EBIT, Net Worth and PAT<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4433\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124638\/Green-Yellow-Professional-Bar-Chart-Product-Trend-Graph-1.png\" alt=\"Financial Overview for U GRO Capital NCD IPO\" width=\"577\" height=\"433\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124638\/Green-Yellow-Professional-Bar-Chart-Product-Trend-Graph-1.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124638\/Green-Yellow-Professional-Bar-Chart-Product-Trend-Graph-1-300x225.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124638\/Green-Yellow-Professional-Bar-Chart-Product-Trend-Graph-1-768x576.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124638\/Green-Yellow-Professional-Bar-Chart-Product-Trend-Graph-1-585x439.png 585w\" sizes=\"(max-width: 577px) 100vw, 577px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cash_flow_for_last_5_years_in_crores\"><\/span><b>Cash flow for last 5 years<em>\u00a0(in crores)<\/em><\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4434\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124735\/Table-3-1.png\" alt=\"Cash flow for U GRO Capital NCD IPO\" width=\"488\" height=\"269\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124735\/Table-3-1.png 991w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124735\/Table-3-1-300x165.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124735\/Table-3-1-768x422.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05124735\/Table-3-1-585x322.png 585w\" sizes=\"(max-width: 488px) 100vw, 488px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Cash flow refers to the movement of cash in and out of the business at a specific point in time. It represents the net balance of the cash movement.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">*Cash flow from operating activities reflects the amount a company generates through its product of services.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">**Cash flow from investing activities reflects cash generated and spent relating to investing activities, like purchase of assets, sales of securities etc.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><span style=\"font-weight: 400;\">***Cash flow from financing activities gives an insight into the financial stability of a company to its investors. It reflects <\/span><span style=\"font-weight: 400;\">the net flows of cash that are used to fund the company.<\/span><\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Ratio_Analysis\"><\/span><b>Ratio Analysis<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4435\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05125010\/Table-Format-v3-1024x748.png\" alt=\"Ratio Analysis for U GRO Capital NCD IPO\" width=\"594\" height=\"434\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05125010\/Table-Format-v3-1024x748.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05125010\/Table-Format-v3-300x219.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05125010\/Table-Format-v3-768x561.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05125010\/Table-Format-v3-1170x855.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05125010\/Table-Format-v3-585x428.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/09\/05125010\/Table-Format-v3.png 1200w\" sizes=\"(max-width: 594px) 100vw, 594px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Highlights\"><\/span><b>Key Highlights<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>FY-2022<\/strong><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Cumulative Disbursement- Rs. 6000+ Cr<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Asset Under Management- Rs. 3650+ Cr<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Net Worth- Rs 966.56 Cr<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Customers- 25000+<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Branches- 95+<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Employees- 1275+<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Strengths\"><\/span><b>Strengths<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Management team supported by marquee investors. The <a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/5-tax-filing-requirements-for-bond-investors\/\">investor<\/a> committee includes ADV Partners, NEWQUEST Capital Partners, PAG, Samena Capital, PNB Metlife.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">U GRO\u2019s business model is based on technological development.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increase in Asset Under management.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Weakness\"><\/span><b>Weakness<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Low profits because of high operational costs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Limited history of Operations.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"To_get_better_returns_than_Bank_FDs_invest_in_NCD-IPOs_online\"><\/span><a href=\"https:\/\/goldenpi.com\/bond-ipo-online?utm_source=blog&amp;utm_medium=blog&amp;utm_UROSPET\"><strong>To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Previous_NCD_IPO_from_U_GRO_Capital\"><\/span><strong>Previous NCD IPO from U GRO Capital<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro-capital-ncd-ipo-april-2022-should-you-invest\/?utm_source=blog&amp;utm_medium=blog&amp;utm_UROSPET\">U GRO Capital NCD IPO \u2013 April 2022, Should you invest?<\/a><\/p>\n<div id=\"footable_parent_7811\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <div class=\"pcrstb-wrap\"><table data-ninja_table_instance=\"ninja_table_instance_0\" data-footable_id=\"7811\" data-filter-delay=\"1000\" aria-label=\"IPO Table - UGRO.csv\"            id=\"footable_7811\"\n           data-unique_identifier=\"ninja_table_unique_id_4017323841_7811\"\n           class=\" foo-table ninja_footable foo_table_7811 ninja_table_unique_id_4017323841_7811 ui table  nt_type_legacy_table selectable striped vertical_centered  footable-paging-right ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                            <col class=\"ninja_column_3 \">\n                            <col class=\"ninja_column_4 \">\n                            <col class=\"ninja_column_5 \">\n                            <col class=\"ninja_column_6 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                                                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_details \">Details <\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_maximumyield \">Maximum yield<\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_overallissuesize \">Overall Issue Size\t<\/th><th scope=\"col\"  class=\"ninja_column_3 ninja_clmn_nm_creditrating \">Credit Rating<\/th><th scope=\"col\"  class=\"ninja_column_4 ninja_clmn_nm_startdate \">Start Date<\/th><th scope=\"col\"  class=\"ninja_column_5 ninja_clmn_nm_closingdate \">Closing Date<\/th><th scope=\"col\"  class=\"ninja_column_6 ninja_clmn_nm_formoredetails \">For more details<\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"117\" class=\"ninja_table_row_0 nt_row_id_117\">\n            <td>U GRO Capital NCD IPO September 2022<\/td><td>10.50%<\/td><td>50 cr<\/td><td>ACUITE A+ Stable \/ CRIISIL A- Stable <\/td><td>September 5, 2022<\/td><td>September 22, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"116\" class=\"ninja_table_row_1 nt_row_id_116\">\n            <td>U GRO NCD IPO April 2022<\/td><td>10.90%<\/td><td>50 cr<\/td><td>ACUITE A+ (Stable)<\/td><td>April 7, 2022<\/td><td>May 6, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-april-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table><\/div>\n    \n    \n    \n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Bond overview High Yield\u00a0|\u00a0A+ Rated\u00a0|\u00a0Minimum Investment: 10k Only U GRO Capital is issuing the Non-Convertible Debentures. These NCDs are A+\/Stable by ACUITE&hellip;<\/p>\n","protected":false},"author":4,"featured_media":4427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[162],"tags":[],"class_list":["post-4426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-gro"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U GRO Capital NCD IPO \u2013 September 2022, Should you invest? - GoldenPi | Blogs<\/title>\n<meta name=\"description\" content=\"U GRO Capital NCD IPO \u2013 September 2022, Should you invest?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/u-gro\/u-gro-capital-ncd-ipo-september-2022-should-you-invest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U GRO Capital NCD IPO \u2013 September 2022, Should you invest? 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