ALPHA TRIBE

Ugro Capital LimitedUpdates, 17-06-2025: Press Release

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.

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