U GRO Capital Limited

About U GRO Capital Limited

U GRO Capital Limited (formerly known as Chokhani Securities Limited) was formed in 1993. It is a BSE-listed non-banking financial company. The company was acquired by Mr. Shachindra Nath, a seasoned financial services professional turned entrepreneur, on July 5th, 2018 to reinvigorate it as an SME and MSME-focused financing platform catering to select sub-sectors within the market. The company has raised INR 950 crores of equity capital from a diversified set of institutional investors and well-known family offices. It has revamped its board to include individuals with strong industry repute and deep domain experience. U GRO Capital Limited aims to build an institutionally backed SME financing platform basis deep sectoral knowledge and cutting-edge technology. The company would focus on giving loans to SME clients in healthcare, education, chemicals, food processing/FMCG, hospitality, electrical equipment, components, auto components, and light engineering segments.