Ugro Capital Limited

Ugro Capital Limited is an Indian company in the BFSI industry (formerly Chokhani Securities Limited) with 27 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 9.5% to 13.25% a year. 4 have floating or market-linked coupons. Maturity dates run from 11 Jan 2027 to 5 Apr 2032. NSDL records 21 of the 27 whose terms it holds as secured. Latest credit ratings on record: Acuite A (No Outlook) (action dated 27 Jan 2026); India Ratings A+ (Positive) (action dated 17 Dec 2025). Verify current terms against the official documents linked on this page.

Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled

Issuer overview

Legal name
Ugro Capital Limited
Formerly
Chokhani Securities Limited
CIN
L67120MH1993PLC070739
LEI
3358007O1S315QAAY388
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
ISIN issuer code
INE583D
Outstanding bonds (ISINs)
27 (plus 23 matured)
Stated coupons (fixed rate)
9.5% – 13.25%
Maturity dates
11 Jan 2027 – 5 Apr 2032
Secured (NSDL)
21 of 27
Combined issue size of outstanding bonds
₹2,864 crore
Traded on
BSE, NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Ugro Capital bonds: ISIN, coupon and maturity

27 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE583D07497 NCD Floating / market-linked Yearly 11 Jul 2024 11 Jan 2027 ₹30,000 75.00 Secured None recorded — India Ratings A+ 17 Dec 2025
INE583D07620 NCD 9.5% Yearly 27 Nov 2025 27 Feb 2027 ₹10,000 200 Secured None recorded BSE India Ratings A+ 17 Dec 2025
INE583D07653 NCD 9.5% Yearly 18 Mar 2026 18 Apr 2027 ₹10,000 200 Secured None recorded BSE India Ratings A+ 17 Dec 2025
INE583D07513 NCD 10.4% Yearly 24 Oct 2024 24 Apr 2027 ₹1,000 34.39 Secured None recorded NSE India Ratings A+ 17 Dec 2025
INE583D07604 NCD 10.15% Yearly 24 Apr 2025 24 Apr 2027 ₹1,000 39.42 Secured None recorded NSE India Ratings A+ 17 Dec 2025
INE583D07471 NCD 10.25% Quarterly 25 Jun 2024 25 Jun 2027 ₹49,999.99 35.00 Secured None recorded — India Ratings A+ 17 Dec 2025
INE583D07612 NCD 9.75% Yearly 17 Oct 2025 16 Oct 2027 ₹10,000 150 Secured None recorded BSE India Ratings A+ 17 Dec 2025
INE583D07588 NCD 10.25% Yearly 24 Apr 2025 24 Oct 2027 ₹1,000 33.17 Secured None recorded NSE India Ratings A+ 17 Dec 2025
INE583D07687 NCD 9.75% Yearly 30 Sep 2026 30 Oct 2027 ₹10,000 180 Secured None recorded BSE India Ratings A+ 17 Dec 2025
INE583D07661 NCD 9.75% Yearly 26 May 2026 26 Nov 2027 ₹10,000 200 Secured None recorded BSE India Ratings A+ 17 Dec 2025
INE583D07190 NCD 11.3% Half-yearly 17 Dec 2021 17 Dec 2027 ₹10,00,000 46.00 Secured None recorded — India Ratings A+ 17 Dec 2025
INE583D07208 NCD 11.3% Half-yearly 29 Dec 2021 29 Dec 2027 ₹10,00,000 26.00 Secured None recorded — India Ratings A+ 17 Dec 2025
INE583D07216 NCD 11.3% Half-yearly 12 Jan 2022 12 Jan 2028 ₹10,00,000 35.00 Secured None recorded — India Ratings A+ 17 Dec 2025
INE583D07596 NCD 10.5% Yearly 24 Apr 2025 24 Oct 2028 ₹1,000 54.94 Secured None recorded BSE, NSE India Ratings A+ 17 Dec 2025
INE583D07539 NCD 10% Yearly 30 Jan 2025 30 Jan 2029 ₹1,00,000 75.00 Secured None recorded — India Ratings A+ 17 Dec 2025
INE583D07554 NCD 10.28% Yearly 20 Feb 2025 20 Feb 2029 ₹1,00,000 260 Secured None recorded — India Ratings A+ 17 Dec 2025
INE583D07125 Market-linked debenture Market-linked (index) At maturity 25 May 2021 25 May 2029 ₹1,000 20.00 Secured Guaranteed — Acuite AA+ 22 Aug 2022
INE583D07638 NCD 9.99% Yearly 16 Dec 2025 16 Jun 2029 ₹10,000 150 Secured None recorded BSE India Ratings A+ 17 Dec 2025
INE583D07133 Market-linked debenture Market-linked (index) At maturity 20 Jul 2021 20 Jul 2029 ₹10,00,000 20.00 Secured Guaranteed — Acuite AA- (CE) 20 Dec 2022
INE583D07141 Market-linked debenture Market-linked (index) At maturity 6 Aug 2021 6 Aug 2029 ₹10,00,000 50.00 Secured Guaranteed — Acuite AA- (CE) 27 Mar 2023
INE583D08057 NCD 12.5% Yearly 15 Mar 2024 15 Sep 2029 ₹1,00,000 50.00 Unsecured None recorded — India Ratings A+ 17 Dec 2025
INE583D08081 NCD 11.65% Yearly 15 Sep 2025 15 Mar 2031 ₹1,00,000 200 Unsecured None recorded BSE India Ratings A+ 17 Dec 2025
INE583D08099 NCD 11.65% Yearly 25 Sep 2025 25 Mar 2031 ₹1,00,000 50.00 Unsecured None recorded — India Ratings A+ 17 Dec 2025
INE583D08115 NCD 11.65% Yearly 6 Nov 2025 6 May 2031 ₹1,00,000 100 Unsecured None recorded BSE India Ratings A+ 17 Dec 2025
INE583D08131 NCD 11.65% Yearly 17 Nov 2025 17 May 2031 ₹1,00,000 150 Unsecured None recorded — India Ratings A+ 17 Dec 2025
INE583D07679 NCD 10.2% Yearly 28 Aug 2026 28 Aug 2031 ₹1,00,000 380 Secured None recorded — India Ratings A+ 17 Dec 2025
INE583D08149 NCD 13.25% Yearly 27 Mar 2026 5 Apr 2032 ₹1,00,000 50.00 Unsecured None recorded — India Ratings A+ 17 Dec 2025
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Floating rate bond · Credit rating.

Public NCD issues

IssuerOpenedCouponTenorRatingIssue size
UGRO Capital3 Apr 202510%–10.5%18 months–42 monthsIND A+₹200 crore
UGRO Capital10 Oct 202410.15%–10.4%18 months–30 monthsIND A+₹200 crore
UGRO Capital8 Feb 202410.25%–11%18 months–27 monthsIND A₹200 crore

Ugro Capital credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
Acuite A No Outlook Withdrawn 27 Jan 2026 6 Verified by NSDL · Checked 7 Nov 2026
India Ratings A+ Positive Reaffirm 17 Dec 2025 24 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
27 Jan 2026 Acuite A No Outlook Withdrawn
17 Dec 2025 India Ratings A+ Positive Reaffirm
3 Dec 2025 India Ratings A+ No Outlook Reaffirm
16 Oct 2025 India Ratings A+ No Outlook Reaffirm
22 Aug 2025 India Ratings A+ No Outlook Reaffirm
30 Jun 2025 Acuite A No Outlook Reaffirm
26 Jun 2025 India Ratings A+ No Outlook Reaffirm
10 Mar 2025 India Ratings A+ Stable Reaffirm
30 Dec 2024 India Ratings A+ Stable Reaffirm
6 Sep 2024 India Ratings A+ Stable Reaffirm
30 Jul 2024 India Ratings A+ Stable Upgrade
5 Jul 2024 Acuite A Stable Reaffirm
7 Mar 2024 India Ratings A Stable New
6 Jul 2023 Acuite A Stable Reaffirm
27 Mar 2023 Acuite A Stable Reaffirm

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: India Ratings, Acuite

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
30 Sep 2026 INE583D07687 30 Oct 2027 Placement memorandum on BSE
28 Aug 2026 INE583D07679 28 Aug 2031 Placement memorandum on BSE
26 May 2026 INE583D07661 26 Nov 2027 Placement memorandum on BSE
27 Mar 2026 INE583D08149 5 Apr 2032 Placement memorandum on BSE
27 Mar 2026 INE583D07653 18 Apr 2027 Placement memorandum on BSE
18 Mar 2026 INE583D07653 18 Apr 2027 Placement memorandum on BSE
16 Dec 2025 INE583D07638 16 Jun 2029 Placement memorandum on BSE
17 Nov 2025 INE583D08131 17 May 2031 Placement memorandum on BSE
17 Oct 2025 INE583D07612 16 Oct 2027 Placement memorandum on BSE
25 Sep 2025 INE583D08099 25 Mar 2031 Placement memorandum on BSE
15 Sep 2025 INE583D08081 15 Mar 2031 Placement memorandum on BSE
20 Feb 2025 INE583D07554 20 Feb 2029 Placement memorandum on BSE
7 Feb 2025 INE583D07547 7 Aug 2026 Placement memorandum on BSE
30 Jan 2025 INE583D07539 30 Jan 2029 Placement memorandum on BSE
11 Jul 2024 INE583D07497 11 Jan 2027 Placement memorandum on BSE
3 Jul 2024 INE583D07489 5 Jan 2026 Placement memorandum on BSE
25 Jun 2024 INE583D07471 25 Jun 2027 Placement memorandum on BSE
15 Mar 2024 INE583D08057 15 Sep 2029 Placement memorandum on BSE
24 Jan 2024 INE583D08040 18 Apr 2026 Placement memorandum on BSE
10 Nov 2023 INE583D07398 10 May 2025 Placement memorandum on BSE
18 Sep 2023 INE583D07372 18 Mar 2025 Placement memorandum on BSE
6 Jun 2023 INE583D07364 6 Dec 2024 Placement memorandum on BSE
8 Mar 2023 INE583D07356 8 Mar 2026 Placement memorandum on BSE
24 Feb 2023 INE583D07349 24 Aug 2024 Placement memorandum on BSE
19 Dec 2022 INE583D07331 15 Apr 2026 Placement memorandum on BSE
27 Sep 2022 INE583D07273 23 Jan 2024 Placement memorandum on BSE
23 Aug 2022 INE583D07273 23 Jan 2024 Placement memorandum on BSE
15 Jul 2022 INE583D07281 15 Oct 2023 Placement memorandum on BSE
23 May 2022 INE583D07273 23 Jan 2024 Placement memorandum on BSE
19 Jan 2022 INE583D07224 19 Jan 2025 Placement memorandum on BSE
12 Jan 2022 INE583D07216 12 Jan 2028 Placement memorandum on BSE
29 Dec 2021 INE583D07208 29 Dec 2027 Placement memorandum on BSE
17 Dec 2021 INE583D07190 17 Dec 2027 Placement memorandum on BSE
30 Nov 2021 INE583D07182 30 May 2023 Placement memorandum on BSE
29 Sep 2021 INE583D07166 29 Dec 2022 Placement memorandum on BSE
31 Aug 2021 INE583D07158 5 Sep 2023 Placement memorandum on BSE
6 Aug 2021 INE583D07141 6 Aug 2029 Placement memorandum on BSE
20 Jul 2021 INE583D07133 20 Jul 2029 Placement memorandum on BSE
25 May 2021 INE583D07125 25 May 2029 Placement memorandum on BSE
30 Apr 2021 INE583D07117 4 Nov 2022 Placement memorandum on BSE
31 Dec 2020 INE583D07083 30 Jun 2022 Placement memorandum on BSE
31 Dec 2020 INE583D07091 30 Jun 2022 Placement memorandum on BSE
21 Oct 2020 INE583D07067 21 Apr 2022 Placement memorandum on BSE
11 Sep 2020 INE583D07059 11 Mar 2022 Placement memorandum on BSE
26 Jun 2020 INE583D07042 26 Dec 2021 Placement memorandum on BSE
8 Jun 2020 INE583D07026 8 Jun 2023 Placement memorandum on BSE
3 Oct 2019 INE583D07018 3 Nov 2020 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Ugro Capital bonds: questions and answers

What bonds has Ugro Capital Limited issued?

Ugro Capital Limited has 27 outstanding bonds recorded on this page. By type, as described by NSDL: 24 NCDs, 3 market-linked debenture. 23 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Ugro Capital Limited bonds?

Its 27 outstanding bonds each have their own ISIN, for example INE583D07497, INE583D07620, INE583D07653. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE583D.

What coupon rates do Ugro Capital Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 9.5% to 13.25% a year on face value. 4 bonds have floating or market-linked coupons. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Ugro Capital Limited bonds mature?

Its outstanding bonds have maturity dates from 11 Jan 2027 to 5 Apr 2032. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Ugro Capital Limited bonds?

NSDL India Bond Info records Acuite A (No Outlook) (action dated 27 Jan 2026); India Ratings A+ (Positive) (action dated 17 Dec 2025) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Ugro Capital Limited bonds secured, unsecured or guaranteed?

NSDL records 21 of the 27 outstanding bonds whose terms it holds as secured and 6 as unsecured. 3 are recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is Ugro Capital Limited the same company as Chokhani Securities Limited?

Yes. Ugro Capital Limited was formerly known as Chokhani Securities Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L67120MH1993PLC070739.

Where can investors find the original disclosure documents for Ugro Capital Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Ugro Capital Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 13 Nov 2026 (snapshot 20261113-2049). Facts on this page last changed on 31 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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