InCred Capital advises UGRO Capital on a Rs 1,333 Cr capital raise through CCDs and Warrants.

InCred Capital's Investment Banking business successfully advised UGRO Capital Ltd on a Rs 1,333 Cr capital raise, utilizing Compulsorily Convertible Debentures and Warrants. The deal involved guiding UGRO through the capital raising process, generating demand from domestic and international investors, and ensuring funding for current and next fiscal years. The deal adds to InCred's growing presence in M&A, ECM, and DCM spaces.

May 03, 2024
3 Articles