RightBonds Fixed Income, Simplified

U GRO Capital

INE583D07620 Corporate A+ Matures Feb 2027

U GRO Capital is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
11%
Annualised return if held to maturity · 27 Feb 2027
+5.8% vs bank FD
Coupon Rate
9.5%
Paid periodically
Maturity
27 Feb 2027
Principal returned
Tenure
6 mo
Sellable after 3 months
Min. Invest
₹10K
Min. ticket
Return
₹492
Est. pre-tax

How this yield compares

This bondU GRO Capital
11%
Category avgCorporate
10.3%
Fixed Deposit6 mo tenure
5.15%

At 11% YTM, this bond yields about 5.8 percentage points more than a tenure-matched fixed deposit (5.15%) and sits above the Corporate average - reflecting the credit profile of a A+ issuer.

About this bond

U GRO Capital is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11%. It pays a coupon of 9.5% and matures on 27 Feb 2027, a remaining tenure of about 6 mo. It is rated A+, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹10K.

Its 11% yield is well above the market average, ranking 85th of 265 Corporate bonds we list. That is 0.50 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (5.15%), it pays roughly 5.85 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 6 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A+) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.

Investors comparing this bond often also look at U GRO Capital (INE583D08115) at 12.8%, U GRO Capital (INE583D08081) at 12.45% and U GRO Capital (INE583D07661) at 11%.

About U GRO Capital

Ugro Capital Limited is a listed NBFC lending to micro, small and medium enterprises. The company was incorporated in 1993, was renamed Ugro Capital in 2018 following a change in management, and commenced operations in its current form in January 2019. It provides secured and unsecured loans to MSMEs, with an emphasis on working capital and ecosystem financing, and distributes through a mix of branches, partnerships and co-lending arrangements. In June 2025 it announced the acquisition of Profectus Capital, another issuer listed on this site. This bond is issued under the legal name Ugro Capital Limited.

AUMRs 11,067 crore
Gross NPA2.4% (gross stage III)
Net profitRs 103 crore (first nine months of FY25)

Figures as of Q3 FY25 (31 Dec 2024). Rated by CRISIL. Source: rating rationale. All U GRO Capital bonds.

Bond details

Credit RatingA+
CategoryCorporate
Coupon Rate9.5%
Yield to Maturity11%
Maturity Date27 Feb 2027
Listed onWintWealth
Minimum Investment₹10K
Face Value₹10,000
Principal RepaidAt maturity
Early exitafter 3 months
Return₹492
ISININE583D07620

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 11% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 6 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 11.00% ₹1,04,938
5% slab 10.45% ₹1,04,697
20% slab 8.80% ₹1,03,972
30% slab 7.70% ₹1,03,485

At a 9.5% coupon, ₹1,00,000 of face value pays about ₹9,500 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.

Against a fixed deposit, in rupees

Same ₹1,00,000, same 0.5 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.15%.

This bond at 11%₹1,04,938
Fixed deposit at 5.15%₹1,02,391
Difference+₹2,546

Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the A+ credit risk is the reason for the gap.

When you get paid

Interest lands every month, with about 6 payments still to come before 27 Feb 2027, each at the 9.5% coupon rate.

Payment months come from the issuer's schedule. Exact dates within the month, and the amount per payment, depend on the face value of the units you buy - check the term sheet on WintWealth before investing.