Ugro Capital Limited · NSE:UGROCAP
Ugro Capital — Debt Investor Presentation (April 2022)
21 slides from Ugro Capital's debt investor presentation, Apr 5, 2022
Slide 1: U GRO Capital Limited Public Issue of Secured Redeemable NCDs
U GRO Capital Limited Public Issue of Secured Redeemable Non Convertible Debentures (NCD) Issue Opens : Thursday, April 7, 2022 Issue Closes : Friday, May 6, 2022 A p r i l 2 02 2
Slide 2: Disclaimer (1/2)
Disclaimer(1/2) U GRO Capital Limited (“Company”/ “Issuer”), subject to market conditions and other considerations, is proposing a public issue of Rated, Secured, Senior, Listed, Transferable, Redeemable Non-Convertible Debentures and has filed the Prospectus dated March 30, 2022 with the Registrar
Slide 3: Disclaimer (2/2)
Disclaimer(2/2) DISCLAIMER CLAUSE OF NSE: It is to be distinctly understood that the permission given by NSE should not in anyway be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer
Slide 4: About Us
About Us • U GRO Capital is a NBFC-ND-SI company registered with the RBI. The equity shares of the Company are listed on NSE and BSE. Our mission is to provide financing to the underserved MSME sector. • Our Company was originally incorporated in 1993, by the name ‘Chokhani Securities Private Limite
Slide 5: Five Pillars of UGRO Capital (1/2)
Five Pillars of UGRO Capital (1/2) 1 2 Knowledge Technology 180+ Sectors Drilled to 20 Sectors GRO-Plus GRO-Direct Selected 8 Sectors Intermediaries Direct Interface Chemicals Light Engineering Each Distribution channel is powered by a proprietary technology module. Significant investment in technol
Slide 6: Five Pillars of UGRO Capital (2/2)
Five Pillars of UGRO Capital (2/2) 3 4 5 e Experi nced ong Corpora Str overnance te Large eadership Team G titutio nal Capi tal L Ins ‘ Great organizations are built on foundations of long-term vision ‘ ‘ Creating an institution that is built to last ‘ requires strong corporate Raised 920 Cr from di
Slide 7: Board of directors and Management Team
Board of directors and Management Team Board of Directors Management Team Sachindra Nath - Exec Chairman Hemant Bhargava – Independent Director & MD Amit Mande - Chief Revenue Officer Pia Shome - Chief People Officer Ex-Chairman in charge and MD of LIC IDFC FIRST BANK, Barclays, ABN AMRO, Ex-Religar
Slide 8: GRO Score 2.0 triangulates data from GST, Banking & Bureau
GRO Score 2.0 triangulates data from GST, Banking & Bureau Statistical predictive modelling used to prognosticate the customer’s 1. credit behavior derived from various financial and non-financial sources to fully quantify the parameters of the ecosystem the customer operates in GST GRO Score 2.0 ha
Slide 9: Distribution Infrastructure Branch Led Ecosystem
Distribution Infrastructure Branch Led Ecosystem Ecosystem Channel Channel Prime and Micro Branches across Tier I to Tier VI locations, SCF (Anchor & Non Anchor led Ecosystem) and Machinery serving a broad demographic of MSMEs loan through the OEM / Dealer ecosystem •82 branches (Prime +Micro Branch
Slide 10: Portfolio AUM split, Sectoral Mix & Restructuring Highlight
Portfolio AUM split, Sectoral Mix & Restructuring Highlight AUM Product wise split Channel Mix Product category Channel AUM (Cr) % Share ROI (%) Ticket SIze (Dec-21) (Lakhs) 20% Prime Loans Prime – Secured Loan 976.0 37.7% 12.4% 84.1 Micro Loans Prime – Unsecured Loan 573.9 22.2% 19.0% 18.3 Branch L
Slide 11: Tri Pronged Liability Approach
Tri Pronged Liability Approach 50+ Lenders 1,729 Cr Total Borrowings 1.84x Debt to Equity Ratio • Aditya Birla Finance On Balance • State Bank of India sheet lending Securitization • MAS Financials • Canara Bank • ESAF Small Finance Bank • Punjab National Bank • Northern Arc • Indian Bank n • ARKA F
Slide 12: Financial Snapshot
Financial Snapshot Dec FY FY FY Particulars (INR Cr) 21 21 20 19 Interest Income 183.36 148.13 78.89 28.23 Revenue from Operation 195.19 149.81 96.69 38.94 Total Revenue 199.19 153.34 105.14 43.94 Interest Expense 87.70 44.56 13.67 1.05 Total Expense 187.04 141.21 101.83 42.39 NIM 95.66 103.57 65.22
Slide 13: Our growth strategies
Customized, innovative Diversify our loan book mix and Customer and product suite with an friendly lending exclusive focus on MSME lending Our growth strategies Continue to Leverage on maintain prudent technology and risk management digital platforms to policies for our assets improve customer reach
Slide 14: Key Feature of Issue
Key Feature of Issue Sections Particulars Instruments Secured Redeemable Non Convertible Debentures (NCD) Issue Size ₹ 5,000 lakhs with an option to retain over-subscription up to ₹ 5,000 lakhs, aggregating to a total of ₹ 10,000 lakhs. Coupon (% p.a.) Series I : 10% (Quarterly) ; Series II : 10.15%
Slide 15: Eligible Investors (1/2)
Eligible Investors (1/2) Sections Particulars • Public financial institutions, scheduled commercial banks, Indian multilateral and bilateral development financial institution which are authorized to invest in the NCDs • Provident funds, pension funds with a minimum corpus of ₹2500 lakhs, superannuat
Slide 16: Eligible Investors (2/2)
Eligible Investors (2/2) Sections Particulars • Companies within the meaning of section 2(20) of the Companies Act, 2013; • Statutory Bodies/ Corporations and Societies registered under the applicable laws in India and authorized to invest in the NCDs; • Co-operative banks and regional rural banks C
Slide 17: Specific Terms of each Series
Specific Terms of each Series Series I II III Frequency of Interest Payment Quarterly Monthly Monthly Minimum Application ₹ 10,000 (10 NCDs) across all Series Face Value/ Issue Price of NCDs (₹/ NCD) ₹ 1,000 (1 NCD) Tenor 18 Months 27 Months 36 Months Coupon (% per annum) for NCD Holders in 10.00% 1
Slide 18: Details of Security Cover
Details of Security Cover Sections Particulars The Debentures shall be secured by way of: (i) a first ranking exclusive and continuing charge to be created pursuant to an unattested deed of hypothecation, dated on or about the Effective Date, executed or to be executed and delivered by the Issuer in
Slide 19: Investor Category / Allocation Ratio
Investor Category / Allocation Ratio Priority in case of Category Allocation Ratio Undersubscription in any Type of investor Investor Category(ies) Institutional Investors Category I Investors 20% 3rd Non-Institutional Investors Category II Investors 20% 4th High Net-worth Individual Category III In
Slide 20: Intermediaries to the Issue
Intermediaries to the Issue Type Particulars Lead Managers Sundae Capital Advisors Tipsons Consultancy Services Trust Investment Advisors Private Limited Private Limited Private Limited Registrar LINK Intime Debenture Trustee MITCON Credentia Trusteeship Services Limited
Slide 21: Thank You
U GRO CAPITAL LIMITED THANK YOU
U GRO Capital — Debt Investor Presentation (April 2022) on 6ix