Ugro Capital Limited — Updates, 17-06-2025: Press Release
17-06-2025 | 07:22 pm
17-06-2025 | 07:22 pm
UGRO Capital has announced a board meeting on the acquisition of Profectus Capital in a ₹1,400 Cr all-cash deal to deploy proceeds from its recent equity raise. This acquisition adds 29% to UGRO’s AUM, enhances secured assets, and introduces school financing with an estimated ₹2,000 Cr growth potential. The deal is expected to generate ₹115 Cr in cost savings and ₹150 Cr in incremental annual profit, boosting ROA by 0.6-0.7%. Profectus brings a ₹3,468 Cr portfolio with strong asset quality, complementing UGRO’s data-driven MSME lending focus. Integration and merger to follow post-approval.
No comments yet. Be the first to comment!
