Archive · 18 Jun 2025
UGRO Capital Acquires Profectus Capital in ₹1,400 Crore Deal
UGRO Capital is buying Profectus Capital for ₹1,400 crore using cash from a recent fund raise.
This deal should close in a few months after approvals.
This means UGRO Capital will own Profectus Capital entirely and should result in immediate benefits like increasing UGRO's total assets and more profit.
The acquisition aims to expand lending in areas like school financing and MSME loans, potentially boosting UGRO's stock value and market presence.
Investors are reacting positively to the news.
UGRO Capital will acquire Profectus Capital for ₹1,400 crore.
The acquisition is an all-cash deal, financed by rights issue and internal accruals.
The deal is expected to close in two to three months, pending approvals.
The acquisition will expand UGRO Capital's AUM by 29%, to ₹15,471 crore.
UGRO Capital's shares rose 7% after the announcement.
- Who
- UGRO Capital and Profectus Capital.
- What
- UGRO Capital is acquiring Profectus Capital.
- When
- The acquisition is expected to be completed in the next two to three months.
- Where
- Mumbai (Profectus Capital)
- Why
- To achieve instant scale, diversify its lending base and deepen its footprint in high-yield areas.
- Acquisition Value
- ₹1,400 crore
- Acquirer
- UGRO Capital
- Acquired
- Profectus Capital
- Deal Type
- All-cash
- Stake Acquired
- 100%
- AUM Increase
- 29%
- UGRO Capital Shares
- Up 7%
Sources
UGRO Capital to acquire Profectus Capital in ₹1,400 crore all cash deal
UGRO Capital to acquire Profectus Capital in ₹1,400 cr all-cash deal
UGRO Capital to acquire Profectus Capital in a ₹1,400 crore all-cash deal
UGRO Capital acquires Profectus for Rs 1,400 crore
